PICA Group acquires QBS Strata Management (QBS) in Queensland

PICA Group has acquired QBS Strata Management (QBS), a very impressive Gold Coast, Queensland based property services company, effective 15 April 2019.

Established in 2005, in Upper Coomera, QBS manages a wide range of bodies corporate across the eastern seaboard of Queensland including residential, commercial and mixed-use developments. As a boutique body corporate management company, founding brothers Craig and James Brennan are passionate about growing the business and continue to lead and assist developers set up and manage body corporate properties.

This acquisition provides PICA Group with an opportunity for greater expansion into the state of Queensland. It is expected to increase the company’s portfolio by an additional 8,000 lots plus, while strengthening its relationships and presence in the developer services area.

“In welcoming QBS into the Group, we expect to reach a broader audience, make a bigger difference and enhance community living for even more property owners. It’s exciting times, especially for our Queenslander peers, as we continue to grow as trusted advisors and a respected brand within the industry,” said PICA Group’s Managing Director and Group CEO, Greg Nash.