This article is from the Australian Property Journal archive
JLL has further bolstered its valuations and advisory business with the acquisition of two firms, Australian Valuation Solutions and Maloney Field Services.
The latest acquisition comes after JLL acquired Propell National Valuers a year ago, doubling the size of its valuation and advisory business.
JLL Australia CEO Stephen Conry said the Adelaide-based firms have national reach and will further increase the geographic spread and specialisation of JLL’s business.
“This is the third acquisition JLL has made in the Valuations and Advisory space in the past 15 months. Over a year ago, we acquired Propell National Valuers which doubled the size of our platform nationally.
“Australian Valuation Solutions (AVS) will add significant public sector valuations experience through the addition of former Australian Valuation Office employees. Maloney Field Services is an infrastructure consultant and property valuer to large projects across Australia’s transport, power and energy, water and oil and gas industry. This will bolster JLL’s national team,” Conry said.
Six AVS staff, all of whom have had long careers with the former Federal Government agency, the Australian Valuation Office, will join JLL and continue to operate from headquarters in Adelaide, with offices also in all mainland states and the ACT.
Conry said the acquisition will expand JLL’s footprint in the public sector valuations space and enhance the firm’s capability in providing property, plant & machinery and institutional cultural & heritage valuations.
Current AVS managing director Ty Noble will take up a senior leadership role at JLL.
Maloney Field Services was founded 45-years ago and has an additional presence in Brisbane and Sydney. The 15 staff will join JLL under the infrastructure advisory services business.
Maloney Field Services MD Peta Mantzarapis will take up a senior leadership role at JLL. Peta holds a Bachelor of Business in Property (Valuation) and is a Certified Practising Valuer and a Fellow of the Australian Property Institute (FAPI). She commenced with the firm in 1999.
David Maidment (AAPI) will also join JLL from Maloney Field Services. He has over 28 years’ experience, is a Certified Practising Valuer and Registered Land Agent specialising in negotiations for site acquisition and land access, along with assessments of compensation on infrastructure projects throughout Australia.
“We see this acquisition and the addition of the specialist team from Maloney Field Services as a good strategic fit for the continued growth and diversification of our services.
“Maloney Field Services is an impressive leader in the provision of services to the transport, power and energy, water, oil and gas industries, with a proud 45 year history, and we welcome them to the JLL team,” Conry said.
Australian Property Journal
