Eric D. Colburn, PLS

RPS announces that it has entered into an agreement to acquire the entire share capital of Conics, a major planning, surveying and environmental consultancy headquartered in Brisbane, Australia for a maximum cash consideration of A$64.4 million (£31.3 million). The transaction is programmed to complete on 30 July 2009 following an extraordinary general meeting of the Conics shareholders. Virtually all Conics shareholders have already approved the transaction by signing the sale and purchase agreement.

The acquisition of Conics represents a significant step forward in the development of RPS’s strategy and its business in Australia. Our existing strength in Western Australia will be complemented by a business with considerable presence in Queensland, which will also assist us to create strong market positions in New South Wales and Victoria. The Australian economy remains strong relative to those of other developed nations around the world and has excellent links with many parts of Asia. Against this background, the combination of our existing businesses with Conics gives us a considerable platform from which to deliver growth.

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This is one of the best land surveying videos I’ve seen that explains what a Professional Land Surveyor does, the related disciplines and extols the greatness of being a land surveyor.

“A life without limits” – That’s a great saying!

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RTTNews – Australian and New Zealand Housing Market Improving

RTTNews reports economic improvements in the Australian and New Zealand Housing Markets. The first quoted material below relates to the Australian housing market and the second to the New Zealand housing market. Read the full story with the above link.

“Data released by the Australian Bureau of Statistics showed that the number of home loan approvals rose a seasonally adjusted 3.5% month-on-month in January, representing the fourth month of increase. Total loans issued were 55,628. First-time home buyers made 26.5% of the total home loans issued in January, the highest percentage since statistics began in 1991.”

“The Real Estate Institute of New Zealand said the number of homes sold increased to a 12-month high of 5,228 in February from a record low of 3,706 in January. However, sales were still lower than the 6,356 new homes sold in February last year.”

Professional Land Surveyor Source: RTTNews.