This article is from the Australian Property Journal archive
CUSHMAN & Wakefield has strengthened of its national valuations & advisory team with seven new hires.
The firm has wooed four institutional valuers in Victoria, Josh Phegan, Niall Ashleigh, Lily Lachal and Peter Bath.
Phegan is the newly appointed state director from m3property, where he spent over six years as divisional director of valuation & advisory, industrial.
Ashleigh also joins from m3property where he was associate director and will lead institutional office valuations, focusing on the Melbourne CBD and suburban markets. He is the co-founder of deal management platform Real Estate Precinct, and was directly involved in $4.5 billion of office and industrial transactions at Centuria Capital.
Lachal has been appointed senior valuer, institutional industrial and Bath as an assistant valuer.
These four hires follow the recent appointment of the self-storage valuation & advisory team consisting of Linda Sharkey, Hugh Davies and Patrick Mulcahy.
Sharkey will head up the Trans-Tasman self-storage practice, joined by Davies as associate director and Mulcahy as senior valuer. The team were formally at Urbis, where they won the Self Storage Association of Australasia Service Member of the Year Award 2019.
Cushman & Wakefield’s joint national director, valuations & advisory, David Castles, said these appointments builds further momentum to the firm’s strategic growth across Australia and New Zealand.
Phegan said: “I’m thrilled to be joining Cushman & Wakefield, and work closely with the strong existing teams across the business in Victoria and nationally.
“I was particularly attracted to the size and international scale that Cushman & Wakefield represents which provides a solid platform to build a true national business,” he added.
Sharkey said: “Cushman & Wakefield are market leaders in self-storage valuation and advisory across Australia, the US and Europe, and Hugh, Patrick and I look forward to joining the exceptional team of 2,000 valuers globally.
“Over half a billion dollars of self-storage transactions were negotiated throughout 2020, and unprecedented demand led to new local and overseas investors emerging to acquire portfolios. Australia is a global destination for these assets, and we expect this to continue over 2021,” she concluded.
