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PIA Group – Property. Investment. Agribusiness. | Seashift Properties
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Seashift Properties

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About

PIA started its investment in Commercial & Industrial property in Queensland in 1990. Originally PIA was a participant in a number of small property syndicates and it often invested via Red Hen Properties Trust.

Seashift Properties and its associated companies commenced wider operations in regional Queensland in 1995, at the time of its establishment PIA was a 50% shareholder and also proved a range of shared support services.

The Seashift business by 2007 comprised a fully integrated supply chain of land and building services which included Property Development, Asset Management, Construction Services, Body Corporate Management, as well as Property Sales and real estate leasing and tenant services. The provision of Concept to Completion with ongoing management and services was unique in Central Queensland.

The brand names of Seashift include:

· Seashift Asset Management – running two unlisted property trusts;

· Seashift Properties – Property ownership & development;

· One Services – Body Corporate;

· Rhind Constructions – Commercial builders;

· Knight Frank Real Estate agency;

Larger projects that have undertaken by Seashift Properties have included

· the Hervey Bay airport and its adjacent 48 HA Industrial estate;

· a 550 lot housing development in Dundowran;

· redevelopment of nine commercial property sites in the Torquay Road business district in Hervey Bay;

· the initial construction and ongoing staged expansion of Storage One self-storage in Queensland; and

· a range of commercial properties in the Fraser Coast region of Queensland.

In 2010 the Seashift businesses and the assets were split between the two major shareholders of Seashift.

A number of the subsidiary companies including One Services, Rhind Constructions and the Knight Frank Real Estate agency moved out the Seashift Group at that time.

The parent company, the majority of the land holdings, the brands and the Asset Management company moved to 100% PIA control at that point of time.

Today Seashift remains an active participant in the Fraser Coast property market continuing to develop land at the HBAIP industrial site and at its residential development in Dundowran. It owns and leases a wide range of residential, retail, commercial and industrial property in that region.