Kymbal Dunne
Featured Articles
Looking For Something?
Trusted Property Advisor Sydney, Australia
Hoarding US $137 Billion in Cash
For the past two years I have attended the Berkshire Hathaway Annual Meeting held in Omaha, Nebraska to listen to the sage wisdom of Warren Buffett and Charlie Munger. Due to COVID19 instead of attending the CHI Health Center with 18,000 other shareholders I joined 613,000 others watching it for 5 hours on Yahoo Finance.
Lockdown Impact on the Office Vacancy Factor
One of the most asked questions I am getting is: What will the impact on the vacancy factor be, as a result of the national ‘shutdown’ and beyond?
Clock Tower, GPO - KnowWhere
It’s interesting what we don’t see about the landmarks we might pass everyday. Some times you just need to KNOW WHERE to look.
Living by the Park
How valuable has the local park become as a result and not just because of the views? Access or park adjacency as we call it in the Living by the Park Knight Frank report, examines the premiums paid in five of the global cities.
The Importance of Home
Quality investments power on even in the worst conditions, like global pandemics. The home, a source of great wealth but more recently maligned for its unaffordability has just rebounded to the top of the asset pile, again.
Insights on Santiago, Chile
The Capital of Chile, Santiago is the largest office market in Chile. Chile is the seventh largest country by land mass in South America. The long narrow stretch of land between the Pacific Ocean and the Andes mountain range that makes up the South American country of Chile is the richest on the continent.
Insights on Buenos Aires, Argentina
The Capital of Argentina, Buenos Aires is the largest office market in Argentina. Argentina is the second largest country by land mass in South America. The city is well-planned with a mix of magnificent Parisian, Italian and Spanish influenced architecture from the early 1900’s based around the city centre.
If you build it, they will come…. so long as you have good agents!
The highlight of all the highlights at #KF Connect 2019 in Manila, Philippines Knight Frank’s APAC conference was Chairman of Alliance Global Group and Billionaire, Dr Andrew Tan’s addition to the famous line by actor, Kevin Costner in the movie about baseball - Field of Dreams.
Harry's - KnowWhere
Harry’s Café de Wheels is a “quintessential Sydney icon” according to National Trust of Australia (NSW), who classified it for its contribution to cultural experiences in Australia. Harry’s started in 1938 as a pie cart, before becoming a caravan. It sold pies n’ peas and crumbed sausages outside the entrance to the Woolloomooloo naval dockyards.
Update on me
Since leaving Knight Frank Australia, at the end of 2021, last year was both testing and exciting. I’m no stranger to building businesses from scratch but there’s always that belief (sometimes blind faith) you need to initiate your plan. I needed it again but this time the belief was already there from creating Client Solutions with CEO, Stephen Ellis’ support at Knight Frank and then building the Australian version of the international label, Private Office with Sarah Harding under CEO, Rod Leaver.
Home Ownership – Dream or Burden?
Home ownership has gone from the concept of building wealth slowly to a “get rich quick” scheme, simply because the stakes are now very high. What’s worse is that we have bestowed this, apparently foolproof “forced savings” concept on younger generations and encouraged them to continue the tradition. Whilst everyone in the game is now a lot richer there are more questions about how long this will last.
Philippines – Asia’s Rising Tiger
Manila has 5.8 million m2 of Prime and Grade A office space, making it slightly larger than the Sydney CBD however Manila’s supply is not as concentrated in the centre. There is a pipeline on 2 million m2 of office stock, however the majority of that supply is in the Ortigas business district nearby.
Central Park or Sydney Harbour
If you want to pick one city to understand property then, for me it has to be New York with London next in line. Both are the leading international cities which attract the big business, state of the art property development and the highest paid jobs. Knight Frank rates these cities as 1 and 2 most important global cities in its annual Wealth Report
The Vessel
The Vessel is the centrepiece of Hudson Yards. The eight storey 46m tall Thomas Heatherwick designed, shiny copper coloured beehive shaped staircase brings tourists. In fact probably about 8 million of them straight off the Highline.
Sydney Apartments Finally Appeal to The Ultras
When I talk with knowledge & pride about what our Knight Frank Prestige Residential team are achieving many of my Ultra High Net Wealth individual (UHNWI) clients are flabbergasted. No one thinks that sales over these prices are real. Sure Sydney harbour-fronted, Fairwater sold for $100m but how can a unit be worth anything like that?
NYC Takes Good Food to New Heights
I visited Dominique Ansel New York where the kitchen and food display are the priority. Patrons are welcome to spend time standing against the glass counter, browsing the most skilfully crafted desserts but when you’re ready to eat, the game goes vertical. In NYC space is a premium and as a result the tables at Dominique Ansel have gone upwards.
New Forces in Office Space
Office premises have never been more serious than they are now as the place for attracting worker talent. In fact, with low growth in salaries and wages globally, this variable is in hyper mode. This is resulting in the transfer of power from traditional landlords to occupants regardless of the historic indicators, like low vacancy and increasing rents which always favour the landlord.
It’s Always Sunny at the Flatiron Building
At the top of his game is Sunny Atis. Sunny runs New York’s iconic, Flatiron building. He loves his job which now spans 30 years at the Flatiron and is admired & trusted by the building occupants, the building owners and the contractors.
The Ultimate Brand Ambassador
Meet Sean Marshall, Brand Ambassador for Hudson Yards, 900,00m2 office development plus residential apartments and retail and lifestyle spaces. It is Barangaroo on steroids, located on the far west side of Manhattan fronting Hudson River.
Oculus, The Station You Want To Stop At
“Oculus” is a much needed and celebrated transport infrastructure hub at the World Trade Centre in downtown Manhattan. It combines the latest transport centre and station hub with a shopping mall. Built at a cost of $4 billion, it comprises about 75,000m2 of retail space, in over 50 shops, including a two storey Apple store.
Property Advisory
Broken Arrow
Kymbal always took the time necessary to fully understand the needs of an international company. Despite the time difference between our countries, he always found the time to connect live by telephone and made great efforts to keep me updated and apprised of the status and situations needing our feedback or intervention. He works diligently to make the deal that not only meets our corporate needs but is also a well negotiated economic transaction. For me, working with Kymbal goes well beyond just having “trust” and confidence in your agent. I am very pleased to have Kymbal as my agent and also very proud to call him a friend. I consider Kymbal as one of the top five (5) real estate representatives in the World that I have had the pleasure to work with and would be very pleased to elaborate on his strengths and character.
Matt Rickett
Director – Viacom Realty Corporation
Commitment and perseverance summarise the effort of Kymbal Dunne, Andrew Palmer and John Swanson of Knight Frank to market our commercial property and sell it. They formulated a clear marketing strategy and followed through on all purchasing interest. The market wasn’t as deep at the point we wanted to sell but they did not give up and tried different approaches so that we could achieve our goal. We were pleased with their energy and advice and the successful result.
Coral and Richard Champion de Crespigny
“The Commercial Salesperson award is a great testament to Kymbal’s dedication and experience as one of Sydney’s leading agents. This recognition, being judged as a finalist in six categories, signifies the growing strength and determination of the overall Knight Frank business in NSW.”
Richard Horne, Knight Frank Managing Director NSW
Subscribe to my newsletter.
Sign up with your email address to receive articles and insights from Kymbal Dunne