New Board of Directors for LJ Hooker

· John Kinghorn: Founder of RAMS Home Loans, RentWorks and Allco Finance Group;

· Syd Fischer O.B.E.: Has had a long-established involvement in the property industry including residential, commercial, industrial and retail;

· Robert McLean: former Chairman of Elders Rural Services, and former Managing Director, McKinsey & Co, Inc for Australia. Now a Senior Advisor;

· Grahame Cooke: highly awarded 35 year career with LJ Hooker culminating in leading the firm from 1992-2004, and also Founder and former Chairman of National Real Estate Franchise Association;

· Alan Lambert : 35 year career with LJ Hooker , current ly Managing Director of the firm and a past Chairman of the Franchise Council of Australia

New Investor director Mr Paramor said “The LJ Hooker brand coupled with the new ownership and board will enable the company to grow its potential. The recent financial crisis has has provided many opportunities in the real estate market for nimble, well capitalised companies like LJ Hooker.

LJ Hookers first real estate agency opened in Maroubra in New South wales in 1928.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.