New Rural and Agribusiness Valuation directors appointed

New Rural and Agribusiness Directors

Ed Percy, Greg Petersen and Tim Gifford appointed as directors

 

Colliers International has appointed three new directors to its Rural and Agribusiness Valuation and Advisory Services team.

Ed Percy, Greg Petersen and Tim Gifford have been promoted following years of strong performance expanding Colliers' client portfolio and proving themselves instrumental to the company’s future growth and innovation. 

"Ed, Greg and Tim have been at the forefront of building strong partnerships both in New Zealand and across the Tasman, with an excellent track record of delivering quality valuations and establishing themselves among the leading specialist rural valuation experts in the country," says Colliers' Rural Valuation Executive Director Tim Crighton.

"They have proven their commitment to the job and the team and never failed to rise to the challenge. Their expertise, experience and passion for the profession and the company will be a great addition to the already strong senior team of the Rural and Agribusiness Valuation division."

Percy has 25 years’ experience in the property and agribusiness sectors throughout New Zealand and has been with the team since 2014, focusing on specialised asset valuations, large rural portfolio valuations, and infrastructural project assessments. 

"Within his new role he will also assume more responsibility of overseeing, streamlining and updating Colliers' processes and systems to maintain the benchmark status of the team’s valuation work and reports," Crighton says.

Petersen has been with Colliers firm since 2011 and has over 15 years of broad property consultancy experience.

"He plays a lead role in our corporate dairy farm valuation work, high country, infrastructure compensation, and intensive farming operations valuation practice areas," Crighton says.

"He is well-regarded as a leading specialist of rural property valuations in the South Island and for his extensive knowledge of the dairy sector and irrigation. "

Gifford has been with the team since 2006 and is currently based in Colliers' Blenheim office.

"During this time, Tim has established himself as a leading expert in the viticulture space with an enviable portfolio of clients," Crighton says.

"He also specialises in high country tenure review and rental valuations, pastoral valuations, specialised asset valuations and compensation assessments for infrastructure projects nationwide."

Percy and Petersen are leading the firm’s mentoring programme, which makes it possible for the team to grow and expand its capability.

Crighton says they, along with other senior staff, are teaching and supporting Colliers' graduates in preparation for registration and progressively assuming more responsibilities within the team.

"Needless to say, they proudly maintain a 100 per cent success track record."

Meanwhile, Rural Valuation team member Jack Powell has become a Registered Valuer.

"Jack joined the team as a graduate in 2015 and has put the hard yards learning and following the high standards set for him by the senior valuers," Crighton says.

"He is well prepared to make the next step in his career and assume new responsibilities in his dealings with clients.

"Let’s congratulate Ed, Greg, Tim and Jack for their outstanding performance to date and wish them all the best in the new endeavours they undertake in their new roles."

 

 


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Tim Crighton

Director | Rural Valuation

Christchurch (Rural Valuation)

Tim’s specialist background of management accountancy, valuation and finance enables him to apply his unique skill set to a wide variety of valuation projects of complexity and scope. He has worked extensively on business and equity valuation, rural valuation, specialised asset valuation and other property interests and compensation throughout his valuation career that has spanned almost 30 years.

His particular expertise is often called upon for the provision of expert evidence in private arbitration's, the Land Valuation Tribunal, the Environment Court, Board of Inquiry, and High Court.

Tim has undertaken business and equity valuations across a variety of sectors including agribusiness, manufacturing, media and services. he has completed many advisory assignments for public sector, corporate and private clients - which has encompassed economic feasibility studies, financial modelling, due diligence, conducting seminars, compilation of valuation handbooks, rural valuations, enterprise valuations and expert witness.

Tim is highly regarded in relation to compensation valuation in New Zealand. He has developed and enhanced compensation methodology and has an enviable record supporting clients in litigious contexts.






 

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Ed Percy

Director | Rural Valuation

Christchurch (Rural Valuation)

Ed has over 20 years’ experience in property valuation and agribusiness throughout New Zealand. He is based in Christchurch and travels regularly to the regions. Prior to joining the Colliers International Rural and Agribusiness valuation team he was a senior valuer and business manager of a valuation firm in Central Otago which covered the lower South Island and spent four years as a farm manager on a sheep and beef farm in the Wakatipu Basin. Ed has also practiced as a valuer in Nelson/Tasman, Wellington and the Wairarapa.

Ed has agricultural and forestry interests in the lower North Island, completed the Kellogs Rural Leadership Programme in 2010 and obtained a Master of Property Studies degree in 2015. He has broad property related experience in both urban and rural sectors focusing more recently on specialized rural and commercial assets and the impact of nutrient regulation on land values.

Having spent a good portion of his career in agribusiness and partnering with rural businesses around New Zealand, Ed understands the challenges of the rural sector in changing current economic and political climates, and appreciates our clients need for quality specialist property advice.

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Tim Gifford

Director | Rural Valuation

Blenheim

Tim has 13 years property valuation experience and is based in our Blenheim office. Prior to joining CAPI in 2006 he worked as a valuer for Quotable Value based in Christchurch..

Since 2006, Tim’s client work has included viticulture, high country tenure review and rental valuations, pastoral valuations, lifestyle, specialised asset valuations and compensation for various infrastructure projects nationwide.

Tim’s viticulture experience includes the valuation of vineyards for financing, sale & purchase and rent setting purposes for a number of clients including Pernod Ricard, Indevin, Wither Hills, Cloudy Bay, Allan Scott Wines, Treasury Wine Estates, plus a number of others. Tim is also frequently engaged to provide valuation advice to most of the major banks. Having grown up and lived most of his life in Marlborough, Tim has in depth local knowledge of the region.

Tim has extensive experience in valuing large pastoral and high country properties throughout the South Island, either on behalf of Linz for tenure review or rent review purposes or for corporate and private landowners. Properties valued include Muller Station, Mt White, Mt Albert, Mt Creighton, Godley Peaks, Hossack, Glen Wye, Glenhope, Forest Range plus many more. Tim is designated as an assessor under Section 23P Crown Pastoral Land Act 1998 to provide rental assessments on Crown Pastoral Lease properties.

Compensation is another key area of expertise and Tim has provided property advice on a number of projects nationwide including Transpowers 400kV transmission line build through the Waikato, Central Plains irrigation scheme through Canterbury, land acquisitions for roading on behalf of the New Zealand Transport Agency as well as new transmission line easement assessments for various network operators throughout New Zealand.

Tim offers our clients excellent technical skills and market knowledge, together with a sound appreciation of both private and public sector imperatives. He plays a key role in our viticulture, pastoral and compensation valuation teams.

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Greg Petersen

Director | Rural Valuation

Christchurch (Rural Valuation)

Greg is a registered rural valuer and has eleven years of valuation and property consultancy experience and has been based in our Christchurch office since 2011. Prior to joining the firm he worked for both the Office of Treaty Settlements and Quotable value.

Greg specialises in the valuation of rural property throughout Canterbury and the South Island. His work for the firm has included financial reporting valuations of large scale rural portfolio’s, compensation assessments for major infrastructure projects and one off individual farm valuations for lending, estate and development purposes.

Greg offers our clients excellent technical skills and he has a highly developed understanding of the public sector and relevant legislation. He plays a lead role in our corporate dairy farm valuation work, infrastructure compensation and in other valuation practice areas.

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