LWP in merger with PRM
Two WA developers of big urban communities, LWP Property and PRM Property, are to merge from December 1.
Founders Danny Murphy (LWP) and Steve Robertson (PRM) said their previous work history gave them “great comfort” about the “culture, alignment and fit”.
The new company, which will maintain the LWP Property Group name, has 20 projects around Australian including Ellenbrook and Banksia Grove, with the Depart- ment of Communities, Trinity at Alkimos and The Glades at Byford.
LWP’s Danny Murphy will be managing director, PRM’s former managing director Brendan Acott becomes chief operating officer and managing director-in-waiting, and Mr Robertson becomes a LWP director.
LWP’s shareholders are the Prindiville and Morris families, Primewest Group, John Schaffer and Mr Murphy.
PRM’s shareholders are Mr Robertson and Mr Acott.
Steve Robertson, Brendan Acott and Danny Murphy celebrate the merger.