Investing priorities and opportunities evolve over time, quite naturally, depending on a variety of influences, including market forces, supply and demand, and developments in technology. A major motivator in any kind of investment is an appetite for risk, and someone who knows that all too well is this month’s cover star, commercial property baron Shaun Bonétt.
In an exclusive interview with The CEO Magazine, Precision Group CEO Bonétt shares the trajectory of his impressive career from purchasing his first property while still at university, to launching Precision Group at just 24 years old.
Three decades on and the Group has played a leading role in many of Australia’s commercial developments, including many of the country’s largest shopping malls, which dovetails into Bonétt’s decision to invest in his latest venture.
As well as reinvesting in numerous communities that have supported his work over the years, the business mogul’s instinct for success lead him to virtual gift card group, Prezzee, in 2015. Now owning 85 per cent of the company, which has seen a 400 per cent increase in revenue since launching in the US in March, Bonétt sees Prezzee as “particularly synergistic to our property business” as the Group can use its marketing platforms in shopping centres to support the business model. Learn more about the global expansion of Prezzee and about its driven and compassionate leader in our cover story.
Enjoy the read.
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