The Colliers Valuation & Advisory Services team have capped a strong year by bolstering its capacity and promoting multiple team members.
These key strategic moves mark a positive end to 2023, a year in which they secured major portfolio assignments across the public and private sectors.
The team, led by National Director of Valuation & Advisory Services Kane Sweetman, were also named the Valuation Team of the Year at the RICS New Zealand Awards 2023 in Auckland in August, further underlying their market-leading reputation.
Valuer Josh Higgie started with Colliers as an Associate Director in the Auckland office in November.
“I am grateful for the opportunity to join Colliers. I'm looking forward to working with our team of experts and assisting clients with their valuation needs,” Higgie says.
His arrival follows a handful of recent promotions in the team.
Nick Hooper, who has worked for Colliers for more than 15 years, was promoted from Associate Director to Director. Hooper works in the metro sector and collaborates with both industrial and commercial entities.
Jacqueline Frost has been promoted from Associate Director to Director and has shifted her focus to the retail sector following more than a decade working as a CBD office specialist in Wellington, and more recently Auckland.
Jasmine Fung, who works in the industrial team and focuses on large-scale portfolios, has been promoted from Senior Valuer to Associate Director.
[From left to right] Josh Higgie, Jasmine Fung, Jacqueline Frost, and Nick Hooper.
Sweetman says these promotions are due reward for the hard work of his team and the arrival of Higgie reflects their strong position in the market where there is a continued demand for their services.
“It has been yet another strong year across the Colliers New Zealand valuation business, despite challenging economic and market factors. Relatively soft market conditions, limited sales volumes, and increased investor uncertainty have continued from 2022,” Sweetman says.
“Our valuation teams throughout the country have all remained busy with record or near-record levels across most geographies and sectors.
“Our Auckland team have performed particularly well in 2023 with major portfolio assignments secured across a mix of listed property companies as well as corporate entities and government departments. These key mandates, coupled with our ongoing regular projects, have supported growth in our team, both in terms of promotions and strategic recruitment.”
With an eye to next year, Sweetman says market steadiness is something that will be welcomed across the property sector.
“Going forward into 2024 we are very positive that market conditions will stabilise before then improving. Our focus is on continued growth based on developing our expert Valuers to provide best-in-class service to our clients.”
To view the full range of services that our Valuation & Advisory Services team offer, click here.