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Don E Gilbert

With 30 years of hands-on experience in multiple facets of the property industry, the last 20 focused on retail dynamics, including retail shop leases, retail property valuation and current market rent, Don is an experienced retail leasing consultant.

  • Australian Lease & Property Consultants Pty Ltd
  • B Com/B Econ; Dip Prop Val; Cert Med & Arbit.
    (RICS accredited valuer expert and arbitrator; Firm Regulated by RICS)
  • Specialist Retail Valuer & Arbitrator
  • Accredited across Australia

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Phone: +61 1300 413 789
Phone: +61 (0)40963 4223
Address: Mitchelton, Brisbane, QLD 4053, Australia

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GEM Three™ Extrapolated


I wrote this article a hundred times last night. Between say 2.00 to 4.00 AM.

How to write it; what to say. Will it be clear, etc. There are at least 6 / 7 PhD papers to tease out here in: valuation/appraisal X 2; Monetary Policy X 1; Investment X1; Finance X2; etc.

GEM Three™ started very early on in my career; perhaps in my second year in 1985. I started to realise that the physical dimensions of property, particularly in retail and the resultant rental rate produced eg. $500.00 a square metre (sq. ft.) had perhaps had nothing to do with market. At that point I had not even dreamt about market value; market rent was not even a concept that I had got my head into.

I then studied property valuation. With a comprehensive commerce, economics, law and then valuation degrees / diploma had an exciting and intense stint in property management, in a broken portfolio, under the then stewardship of Mr Kingsley Rowland. He had just gleaned the latest in commercial management in an 8-week World-Wide trip sponsored by SAPerm who were members of SAPOA (‘South African Property Owners Assoc’).

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