CEO, Banna Property Group
Banna Property Group is a 3rd generation family business involved in property investment and development and the family have regularly made an appearance on BRW's Rich 200 since the 1980’s. The group typically own and internally manage neighbourhood shopping centres around Sydney, and also have a portfolio of pubs and other commercial properties. The group are traditionally counter-cyclical investors and have recently purchased and sold over $100 million worth of assets over the past 18 months, taking advantage of the commercial property boom.
Brad Chan established the Banna Property Group in 2009 to manage their own assets and the company has gradually grown to a team of 14 staff with diverse skills in property, operations and marketing. He has a Bachelor in Applied Science (Land Economics), Post-Graduate Diploma in Finance and Investment, Masters in Real Estate and Masters of Town Planning.
Brad was President of the Haymarket Chamber of Commerce for five years, and is currently Chairman of a local pre-school. He was recently involved in establishing the Banna Foundation, the family group’s philanthropic arm. He keeps busy spending time with his family of 3 young children, coaching their soccer team and trying to go to the gym.
Over the past few years, the Banna Group has been gradually implementing succession planning with the formation of a Family Council, a draft Family Constitution document and a bi-annual Family Retreat. An Advisory Board was established over 12 months ago with an external Chairman in place.