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Blue Hancock | Colliers | Richmond (Rural Valuation)

Blue Hancock

FPINZ, FNZIV

Director | Rural Valuation

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About

Professional Summary

Blue has over 40 years valuation experience encompassing rural and resource interests, specialised agriculture  assets, public sector property (especially forest interests), expert evidence and management. His prior work in senior roles with both Valuation New Zealand and Quotable Value has given him broad property knowledge – with a particular emphasis in the forestry sector.

His client work has traversed a range of property types and issues including; forestry land valuations (lessor and lessee interests), Emission Trading Scheme issues, specialised assets, agribusiness, lifestyle subdivisions, valuations for financing, tax compliance, trust formation, relationship property disputes, Maori land issues, aesthetic land and compensation. In addition he has provided expert evidence and acted as an arbitrator in a number of judicial contexts. He has given evidence in the Valuation Tribunal, High Court, and Enviroment Court.

Blue’s work previously encompassed managing the rating revaluation and roll maintenance programmes for six local authorities in the South Island, giving an in-depth understanding of rating issues and the valuation of exotic forest land and national parks, and acting as Principal Consultant (Rural and Forestry) for Quotable Value. Blue’s more recent large-scale engagements have included the valuation of forest assets in Otago, Nelson, Marlborough, Gisborne, Hawke's Bay, Wairarapa and Northland for due diligence, financial planing or reporting and Treaty of Waitangi settlement purposes, as well as Crown Forestry License rent reviews. .

Blue’s personal involvement in agribusiness extends to ownership of a West Coast pine plantation and membership of the New Zealand Institue of Forestry and Farm Forestry Association. As past President of the Property Institute of New Zealand and former President of the New Zealand Institute of Valuers, Blue is highly regarded by both his clients and peers in the profession. He is based in our Nelson office and plays a key role in our agricultural and forestry sector practices and in our dairy pastoral and horticulture valuation teams..

Education

Diploma in Agriculture,

 Diploma in Farm Management,

Diploma in Valuation and Property Management,

FNZIV, FPINZ, AAMINZ (Arb.), Registered Valuer

Memberships & Involvements

Past President New Zealand Institute of Valuers, Past President Property Institute of New Zealand, Southern Councillor New Zealand Institute of Valuers, Chair of the Property Institute Standards Board, Member of the New Zealand Forestry Institute, Member of Farm Forestry Association of New Zealand

Services

Service Lines

Valuation and Advisory, Forestry, Rural and Agribusiness Valuations

Property Type

Land, Rural, Cropping, Dairy, Deer, Forestry, High Country, Horticulture, Lifestyle Bare Land, Lifestyle Dwelling, Lifestyle Property, Rural, Rural/Lifestyle, Sheep Beef, Vineyard, Viticulture

Featured Research

1 Aug 2021

New Zealand Forestry Market Update| August 2021

Land for forestry purposes continues to be in high demand and we are seeing a good level of sales activity, supported by strong commodity prices and upward pressure to carbon prices.
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2 Nov 2020

New Zealand Forestry Market Update| November 2020

The demand for forestry land for both tree crop and carbon farming continues unabated despite significant fluctuations in the export log prices occurring from February this year as a result of COVID 19.
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14 Oct 2019

Forestry Sales Map | 2019

2019 has been an eventful time for the forestry sector so far. The winter blip in the export log prices appears to be easing with anecdotal evidence suggesting there will be a resurgence in price.
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Featured News

18 May 2022

Coffee break with Hunter van der Fits

Hunter van der Fits is one of the young valuers in the Rural Valuation team.
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16 May 2022

Colliers Rural Valuation Scholarship - application now open for 2022

If you have a curious mind, tempted by Rural Valuation, we would like to hear from you.
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