The story
Founded by Leslie Joseph Hooker in 1928.1
The first LJ Hooker office was opened in Maroubra, New South Wales in 1928. Following the Depression, the company expanded and opened offices in Sydney, Kensington, Kingsford and Randwick. In 1936, LJ Hooker purchased the real estate business and offices of Woods & Co. in Kensington and Kingsford. In 1938, Rex Investments is registered and purchased real-estate agencies and hotels around Australia. The following year, LJ Hooker established its headquarters in Pitt Street, Sydney by buying H. L. Cross & Co., a city agency.
In 1946, LJ Hooker bought the real estate business of Harold Bray Pty Ltd in Bondi Beach. In 1947, the company was floated on the Sydney Stock Exchange. The following year, LJ Hooker purchased F. Egan & Son, a real estate agency in Bondi Junction. In 1949, the company expanded into hotel brokerage.
In 1950, the tenth office was opened in Crows Nest and in 1951 the Manly office was opened after the purchase of Thorn Coleman & Co. LJ Hooker's expansion continued, and by 1953 the agency was the largest real estate agency in Australia. In 1955 Hooker Rex was established for the development of new homes in Batemans Bay, Kogarah and the Gold Coast through Hooker Rex Pty Ltd. In 1958, the company's name was changed to L. J. Hooker Investment Corporation Ltd. In 1959, the Hooker Finance company was established.
In 1960, LJ Hooker became Australia's first national real estate agency network. The following year, Hooker Projects began developing nursing homes, motels and other projects. In 1963, Hooker House was opened in Sydney. Hooker Project offices were opened in Melbourne in 1966, Brisbane in 1967, Perth in 1968, and Townsville and Canberra in 1969.
In 1968, the company's name changed to Hooker Corporation Ltd. In 1969, Hooker Home Units was established, which specialised in building home units and town houses.
Leslie Joseph Hooker died in 1976. In 1985, George Herscu bought the Hooker Group for $450 million. In 1989, LJ Hooker owed $1.77 billion, and was purchased by Suncorp Metway.
In 2009, Janusz Hooker, Leslie Hooker's grandson, formed a consortium with other buyers and bought the company back from Suncorp-Metway for $67 million. In 2015, Janusz Hooker and other shareholders bought out the minority shareholders to consolidate ownership of the company.
From Wikipedia’s article on LJ Hooker, shared under CC BY-SA 4.0.4