Jonathan has over 16 years’ experience in the property industry being focused on the provision of valuation and professional advice in relation to institutional grade office assets within the Sydney CBD, in addition to both residential and commercial developments. In additional Jonathan has played a significant role in the development and controlling the subsequent roll out of the CIVAS Discounted Cash Flow model to all Australian offices and throughout Asia. He leads the national Valuation & Advisory Services Office team across Australia and has recently worked on the following prominent valuations:

• Tower 2, International Towers Sydney;
• International House, International Towers Sydney;
• 25 Martin Place, Sydney;
• 1 Farrer Place, Sydney;
• 126 Phillip Street, Sydney;
• Darling Park & Cockle Bay Wharf, 201 Sussex Street;
• Macquarie Bank Building, 1 Shelley Street;
• Ernst & young Centre, 580 George Street; and
• King Street Wharf Retail Precinct.

Provision of valuation and consultancy advice for Institutional grade commercial assets within the Sydney CBD for internal / statutory reporting and registered first mortgage purposes.

Key clients include Mirvac, Super Investment Management (REST), Brookfield, Charter Hall, Dexus, Lendlease, ISPT and LaSalle. 

As Director, Valuation & Advisory Services, Devan forms part of the most senior and experienced commercial office valuations team in Australia predominantly working alongside Dwight Hillier, Jonathan Petsalis and Cassandra Mortimer. The team provides forensic analysis of the key value driver components encapsulated within occupier and capital market segments.

Devan has extensive experience providing the highest quality commercial property valuations and advice across the Sydney CBD and Sydney Fringe office markets. Having established himself as a trusted advisor within the commercial office sector, Devan works with institutional and private investors, financiers, developers and government entities to maximise the potential of property.

I am responsible for the oversight and management of Valuation & Advisory Services; Strategic Advisory & Healthcare & Retirement Living  businesses in Australia.  Ensuring Colliers remains best in class providers in their respective markets. 

COMPANY EXPERIENCE
Managing Director, Valuation & Advisory Services 2013 - Present
National Director, CBD Commercial Valuation, Sydney CBD Office 2006 - 2013
State Director, Consultancy and Valuation, Sydney CBD Office 2003 - 2006
Associate Director, Sydney CBD Office 2002 - 2003
Senior Valuer, Sydney CBD Office 1998 - 1999
Valuer, Sydney West Office 1995 – 1998

PROFESSIONAL ACCOMPLISHMENTS | OFFICE VALUATION & ADVISORY

Some of the more prominent clients that I regularly undertake national valuation appointments from include The GPT Group, AMP Capital Investors, DEXUS, Brookfield, and Lendlease.

Some of my more recent valuation instructions of Premium and A grade commercial office assets undertaken are as follows:-

‘Governor Phillip’ & ‘Governor Macquarie Towers’, 1 Farrer Place, Sydney
‘RBS Tower @ Aurora Place’, 88 Phillip Street, Sydney
‘Darling Park’, 201 Sussex Street, Sydney
‘Grosvenor Place’, 225 George Street, Sydney
1 Bligh Street, Sydney
120 Collins Street, Melbourne
530 Collins Street, Melbourne
8 Exhibition Street, Melbourne
‘Bourke Place’, 600 Bourke Street, Melbourne
One One One Eagle Street, Brisbane
1 William Street, Brisbane
Central Plaza I, II & III, Brisbane
‘Bankwest Tower’, 108 St Georges Terrace, Perth
‘Brookfield Place', 125 St Georges Terrace, Perth
‘Ernst & Young Centre’, 12 Mounts Bay Road, Perth

PRIOR EXPERIENCE

Prior to joining Colliers, I worked within the Research Department of the Property Council of Australia (PCA), then with a boutique firm of Valuers & Land Economists, where I was involved in the valuation of residential property predominantly for first mortgage security purposes, as well as commercial and retail rental advice.

Dylan joined Colliers International as Manager of Specialisations, for the Valuation & Advisory Services business, in 2017.

Now, as Director of Specialisations, Dylan specialises in the valuation of freehold and leasehold self-storage facilities, service stations, child care centres and other education infrastructure throughout Australia and New Zealand.

Dylan undertakes valuation assignments for market value for first mortgage security, financial reporting, disposal due diligence, insurance development, feasibility, rental assessments and determinations. Notably, Dylan has also had considerable exposure across all asset classes.

Dylan’s excellent organisational skills and attention to detail allow him to complete significant assignments within the requested timeframes to a high standard.

As Head of Hotels, Valuation & Advisory Services, Christopher oversees the strategy and operations of the national hotels team, to ensure the sustained growth and success of the Valuation & Advisory Services service offering.

Chris has over 16 years’ experience in the valuation of 'Going Concern' properties including Hotels, Motels, Serviced Apartments, Backpackers, Student Accommodation, Co-Living, Build to Rent and other accommodation property types together with Car Parking Facilities.

Outside of Colliers, Chris maintains an active role in the property valuation industry as Associate of the Australian Property Institute (AAPI) and as a Member of the Royal Institute of Chartered Surveyors (MRICS).

Phil leads the National Government Property Services – Valuation and Advisory team in Australia, delivering a diverse range of services to our many Government clients, at a Federal, State/Territory and Local Government level.

With over 30 years’ experience in the Australian and New Zealand Government property sector, Phil brings an extensive, in-depth understanding of Government property, valuations, asset strategy, Government relations, risk management, quality assurance, governance and a diverse knowledge of a range of regulations and legislative frameworks.

Phil has specialist knowledge and expertise in the valuation of Government property assets for the purposes of financial reporting, Just Terms compensation, asset realisation and purchase and disposal requirements.

Additionally, Phil also provides advice to clients on strategic asset management, as well as property tax advice (including valuations for Council rating and State land tax).

Of note, Phil was the New South Wales Valuer General for 11 years until late 2014. In this role, Phil was responsible for a valuation system that provided annually in excess of $3 Billion in land tax revenue for the State government and in excess of $4 Billion in rates revenue for local government councils. Phil was responsible for many significant enhancements to the valuation system, including improved transparency of valuations and supporting information being provided to landowners. 

I joined Colliers International in 2020 as Researcher, Strategic Advisory, Sydney CBD. In this role I assist the team by undertaking market research spanning residential, commercial, industrial and government property projects.  

More recently I have also taken on a part-time role as Assistant Valuer in the Valuation & Advisory Services commercial office team. In this role I assist with site inspections, modelling of Premium and A grade commercial building sales and rental and sales analysis for commercial valuations including rental incentive and review structure studies.

Notable project experience at Colliers:

·         Area study for Camden Airport whereby identifying the commercial application for the surface land of private clients.

·         LAHC Matraville research for land and housing properties for BTR developments.

·         Analysed commercial development site sales and rentals for the INSW North Parramatta Project.

Outside of Colliers, I am working towards completing a Bachelor of Property Economics at the University of Technology Sydney.

For more information about Colliers International, please visit www.colliers.com

As an Assistant Valuer for the Sydney CBD Commercial Office Valuation & Advisory Services team, Joel is part of the most senior and experienced commercial office valuation team in Australia. The team is renowned as industry leaders, working in collaboration with Colliers' Strategic Advisory, Investment Sales/Capital Markets, Leasing and Real Estate Management Services teams to maximise the potential of property for their clients.

Joel contributes to a diverse range of commercial valuations up to investment values of $2,000,000,000+ across the Sydney CBD and Sydney CBD Fringe precincts for financial reporting, mortgage security, accounting and internal reporting, acquisition and disposal, strategic advice and rent review purposes.

Significant commercial assets Joel has recently worked on include:
• 'Brookfield Place', 10 Carrington Street, Sydney
• 'Grosvenor Place', 225 George Street, Sydney
• 400 George Street, Sydney
• 126 Phillip Street, Sydney
• 1 Chifley Square, Sydney
• 20 Windmill Street, Walsh Bay