I’m responsible for all commercial property valuation, covering loan security, accounts and taxation valuations. In addition, I am responsible for our in-house fund management strategy with direct responsibility for several in-house fund management mandates.
I have over 30 years’ experience in the commercial property markets with a strong background in the investment sector. My experience in investment and valuation provide me with the ability to value and advise on a wide range of property, particularly with complex and unusual property interests. As well as normal valuation and investment advice I have advised on many lease re-gearings and marriage value negotiations, structuring of sale and leasebacks and ground rent transactions, strategic investment reviews and Charities Act issues.
My valuation clients range from UK and overseas banks through to a number of London estates, charities including Barts and London, and the Diocese of Westminster, and the Bank of England. Working closely with charities and endowments also includes having fund management responsibility for the property endowment funds of Morden College and Christ’s Hospital.
Recent Projects
- Morden College – I am the lead adviser to the Morden College property endowment. On taking on the role as Fund Manager, I identified a concern that the portfolio had no exposure to the Central London market and this reflected our belief in the long term performance in the London markets and a desire to protect capital value of the endowment. In addition, as the college is reliant on this income for a portion of its charitable activities, income growth was vital. Since taking over the mandate, I have increased the Central London waiting to 51% and has constructed a portfolio where 41% of the income is matched to RPI or to fixed rental increases, with 34% of all income secured leases in excess of 20 years.
- Portman Estate – I am the lead in relation to the valuation of the Estate’s commercial portfolio.
- Soho Estate – I am the lead in relation to the valuation of the Soho Estate for accounts purposes.
