Raine and Horne

Property: It’s in Our DNA Raine & Horne though it came too late for his founding partner Joseph Horne who retired in 1900. Over the years that followed, Tom took on new partners, all the while building the firm and playing his own role helping to forge the character of Sydney by assisting its swelling population buy homes and build communities. Like the tides Captain Raine once navigated, economies ebb and flow, and the boom times of the early 20th Century faded away as the Great Depression threatened. However, Tom Raine had steadily built up a strong business, and while sales slowed, good property management carried Raine & Horne over a challenging period that saw many competitors succumb to the times. Tom Raine also saw the bigger picture, and in 1928 as age and fading health began to take its toll, he made the decision to incorporate Raine & Horne in order to secure the longevity of the firm – and his family’s financial wellbeing. Within months, Tom’s poor health meant he could no longer work, and 12 months later, on 2 May 1929, he passed away. Tom Raine was greatly mourned. He had played an integral role in the Sydney community – a member of the Australian Jockey Club and founding member of the Royal Sydney Golf Club, a life governor of the Sydney, Royal Prince Alfred, Royal South Sydney and Royal North Shore hospitals and of the Royal Alexandra Hospital for Children. A popular figure in business circles, Tom was also a generous father to his eight children, one of whom would send the Raine & Horne brand soaring ever higher. Above left: Diligent cofounder Tom Raine, 1920, dedicated at Raine Chambers, 70 Pitt Street, Sydney. Above right: 1920s Raine Chambers: A glimpse into the contemporary workplace of that era. Left: New partnership as Percey Arundel Rabett joins leadership team in 1899, succeeding Joseph Horne. 30

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