“Luke has been part of the profession for almost 15 years and his expertise makes him the perfect fit for our Christchurch team. He is a highly experienced Registered Valuer and brings wide-ranging property knowledge and strong professional networks to the business. Luke is also very involved in the industry through his role as President and Board Chairman with the Property Institute of New Zealand,” says Chris Boyd.
“He has impressive attention to detail, and you can sense right away the energy he puts into his work. We are very pleased to have him on board in Christchurch. He will work on dairy and pastoral property valuations and will extend our capability in the insurance valuation and agribusiness advisory space,“ adds Greg Petersen.
Van den Broek has held various roles covering a wide variety of valuation advice including insurance valuations across the residential, commercial, and rural property sectors, financial reporting for large asset portfolios, and rating valuation advice to the local government sector - specialising in rural and agribusiness valuation.
After spending the last four years working as an in-house valuer for two of the world’s largest insurance broking firms, he has decided to focus exclusively on rural and agribusiness valuation.
Why the change of direction?
Growing up on a family dairy farm in the Waikato, van den Broek says his plan was always to work within the rural industry.
“I didn’t have to learn how to dairy farm, it was a way of life for me, I was always part of the industry. I earned my pocket money as a teen rearing calves and doing relief milking for neighbours and family friends, getting to know different ways to run a dairy farm.”
As part of a rural fencing crew working during school and university breaks, he spent significant time on sheep and beef farms around the North Island, giving him the opportunity to observe and learn about other pastoral farming operations.
Van den Broek studied Business at Massey University to grow his skill in accounting and finance, with a double major in Valuation and Agribusiness. In his final year of study, he won a scholarship at QV that included work experience with the firm, which is where he first worked with now Colliers Rural Valuation Director, Greg Peterson.
The work experience led to full time employment with QV after graduation, where van den Broek spent the next five years learning the art of valuation, undertaking rating valuations of rural and lifestyle properties, and achieving his registration in 2012.
“It’s really interesting to work with Greg now and compare notes on valuations. At QV, I was trained by a valuer who worked closely with Greg, and I can see where some of the valuation techniques I learnt as a graduate came from,” says van den Broek.
In his role as Head of the QV rating valuation team in Canterbury, van den Broek's experience expanded to more complex valuation assignments focussing on the Canterbury rural sector, whilst mentoring and working alongside a large team of valuers.
His next two roles were as an in-house valuer for insurance broking firms, where he was responsible for growing the valuation teams in the South Island and across New Zealand.
The search for an opportunity that was more aligned with his interest in rural valuation and long-term career objectives led van den Broek to Colliers in 2021.
"While I enjoyed my previous roles, with increasing travel commitments and too little rural valuation, it was not the career I had envisioned for myself and at the start of 2021, I was on a search for an opportunity to get back to what I loved doing most.
“Coming from a farming family, I always appreciated the down to earth attitude farmers in New Zealand have. I wanted to go back to my roots, so to speak – to a sector where you can experience a deeper engagement, where relationships and business can still be done on a handshake – I value the different pace and closer human connections, the rural hospitality and the way people do business in the rural areas.
“Going back to rural valuation and working for a company such as Colliers, is the perfect fit for me, allowing me to enjoy the best of both worlds and to put both my professional and personal skills to best use,” says van den Broek.
What about life outside of work?
Van den Broek's main hobby nowadays is his young family. “It was hard to find enough time to spend with my family, having travel heavy corporate jobs over the past few years," he says.
He is also very proud of his Dutch heritage and readily shares interesting details and amusing stories about names, places and experiences from his family history and travels. He is very much tuned in to and interested in all sorts of cultural nuances, be it between the North and South Island attitudes, European cultures or different approaches to business.
In fact, van den Broek says that the best part of the MBA programme he completed in 2021 at the University of Canterbury, was gaining more insights and awareness of the ways he operates and approaches his goals.
“It was extremely interesting and very valuable to gain that understanding of my own motivations, how to observe the way others operate and learn how to harmoniously work together to achieve the desired result. I am looking forward to applying these new skills in my role with Colliers Rural & Agribusiness Valuation team.”