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Non-major joins hands with real estate

by Staff Reporter8 minute read
The Adviser

Staff Reporter

Adelaide and Bendigo Bank has highlighted its commitment to the real estate industry, with the bank forging a new relationship with the Real Estate Institute of Australia.

Under the terms of the relationship, the bank will become the exclusive sponsor of REIA’s two flagship market data and analysis publications, Real Estate Market Facts and the Housing Affordability Report.

REIA chief executive officer Amanda Lynch described the new partnership as a “perfect match”.

“Support like this is critical to enable us to do the number-crunching work our members expect of us. We’re very excited to have such a respected partner on board to ensure the continuation of these important publications,” she said.

Bendigo and Adelaide Bank’s executive, Bendigo Wealth John Billington said the bank’s involvement in the production of Australia’s most authoritative sources of real estate analysis will also result in tangible benefits for banking customers and the bank’s business partners such as mortgage brokers and independent financial planners.

“Nobody understands the real estate industry like the Institute and its members and this partnership will help give us additional insights that we can use for the benefit of customers,” Mr Billington said.

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