AFTA sells head office

AFTA sells head office

THE Australian Federation of Travel Agents has achieved a record sale price for strata property in the Sydney CBD, confirming its Pitt Street headquarters has changed hands for a whopping $3.8 million+GST.

The deal was confirmed during the AFTA annual general meeting today, which also saw the re-election of Helloworld Travel’s Mike Thompson as chairman.

Flight Centre ceo Graham Turner and Travellers Choice head Christian Hunter were also re-elected as AFTA’s vice-chairs.

AFTA ceo Jayson Westbury noted that the proceeds from the office sale would be invested for the future benefit of members, with the organisation to move to new rented premises after 36 years in the current location.

AFTA directors at the agm included David Smith of Flight Centre; Joanne Sully, Amex GBT; Melvyn Almeida of Consolidated Travel; Julie Primmer, Mike Thompson & Andrew Macfarlane of Helloworld Travel; CTM’s Laura Ruffles; Tom Manwaring, Express Travel Group; and Travellers Choice md Christian Hunter.

Source: traveldaily