Ben Masters

Assisting in the development and controlling the susequent roll out of the the CIVAS Discounted Cash Flow model to all Australian offices and throughout Asia.

Undertaking valuation and consultancy services on a variety of assets across the Sydney CBD which include:-

• Governor Phillip & MacquarieTowers, 1 Farrer Place;
• No. 1 O'Connell Street;
• Darling Park & Cockle Bay Wharf, 201 Ssussex Street;
• Macquaire Bank Building, 1 Shelley Street;
• Ernst & young Centre, 580 George Street;
• King Street Wharf Retail Precinct;
• IMAX Theatre, Darling Harbour;

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, Lend Lease and ISPT.

I joined Colliers International in May 2015, following 2 years previous experience at a boutique Valuation firm, based in the Sydney CBD, where I was involved in the valuation of a broad range of assets, for varying purposes.

I currently assist and work closely with Dwight Hillier, Jonathan Petsalis, Cassandra Mortimer and Ben Masters.

The move to Colliers International presented an exciting opportunity to further develop my skills in valuation with a focus on commercial office assets in Sydney CBD and City Fringe. The diversity and dynamics of the property industry keeps me interested and passionate about what I do.

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. These key sectors on a national basis are headed by the following people:

Jonathan Petsalis - Head of Office | Valuation & Advisory Services
Simon Andreatta – Head of Industrial | Valuation & Advisory Services
Andrew Johnston – Head of Retail | Valuation & Advisory Services
John Harrison - Head of Agribusiness | Valuation & Advisory Services
Phil Western - National Director | Government Property Services
Neil Murray - Head of Strategic Advisory
Shalain Singh - Head of Healthcare & Retirement Living

Colliers  is a full service provider of Global Valuation & Advisory Services.

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 International, 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.

As Director of Specialisations, Dylan leads a team of experts to provide the highest quality self-storage valuations, service station valuations and valuations of child care centres and other education infrastructure throughout Australia and New Zealand. Dylan is a certified pracitising valuer, Associate Member of the Australian Property Institute and Member of Royal Institution of Chartered Surveyors. Dylan has extensive experience working with financiers, owners and stakeholders to generate greater outcomes from their property assets.

Self-Storage Valuation Expertise

Dylan has a strong connection to the self-storage industry as a member of the Self Storage Association of Australasia and a thought leader who has elevated industry understanding by creating the Self-Storage Rating System for self-storage investors. Dylan provides reliable and confidential advice to both leading self-storage industry participants and active lenders within the ANZ market having valued the largest individual and portfolio transactions.  

"The Colliers self-storage valuation team, lead by Dylan Adams, have undertaken valuations for our business for a number of years. They have developed a strong capability, understanding and expertise in the sector and are well regarded by industry stakeholders.” Sam Kennard | CEO, Kennards Self Storage.

Service Station Valuation Expertise

Dylan is a trusted advisor within the service station sector. In the last 24 months Dylan and his team have valued in excess of 600 Service Stations totalling over $6 billion in value. They were also previously appointed as the sole real estate valuation advisors to the largest portfolio transaction in Australia's history. Our service station valuation and advisory services include single asset and portfolio assignments, trust requirements, balance sheet compliance, acquisition and disposal due diligence, financing and refinancing, insurance purposes, feasibility studies and legal / expert witness.

Child Care & Education Valuation Expertise

With long lease terms and favourable rent reviews the Australian child care market has been of growing interest to investors who are motivated by a flight to quality assets.  The child care sector has evolved over the last 20 years to become a structured, transparent segment of the services sector. Dylan and his team are commitmented to delivering the highest level of service by providing expert valuation advice on the child care sector. Utilising extensive market knowledge, the team provides wholly independent, reliable and confidential advice and is dedicated to creating long-term professional relationships with clients.

The Specialisations team provide self-storage, service station, child care and other education valuation assignments for market value for the following purposes:

• First mortgage security;
• Financial reporting;
• Disposal due diligence;
•  Insurance development;
•  Feasibility studies; and
•  Rental assessments and rental determinations.

I have been involved in the real estate industry for over 20 years and commenced my career at L.J Hooker. After graduating from a Bachelor of Property Economics Degree in 2004, I took up a position with the NSW Department of Commerce valuing a number of government owned assets across the state of NSW.

​In 2007, I joined the Colliers Hotels & Leisure Valuation team where I had the opportunity to value a wide cross section of accommodation and leisure type properties, across Australia. In March 2009, I transferred to the Colliers South Sydney team and have been involved in a cross section of commercial, industrial and residential properties, along with the opportunity to value various types of 'Going Concern' properties including hotels, budget accommodation, student accommodation, boarding houses and car parks facilities.

In 2013, I transferred to the Sydney CBD office, where my primary focus is hotels, student accommodation, backpackers and other accommodation properties.

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. 

Since joining the Colliers Sydney CBD Valuation & Advisory Services team in 2020, I have assisted in conducting valuations of a diverse range of property sectors including commercial buildings, commercial strata and strip retail in the Sydney CBD and City Fringe markets. I am actively involved in capital valuations, rental assessments and broader property advisory services.

Prior to joining the team, Hope worked as Researcher, Strategic Advisory at Colliers and undertook market research spanning residential, commercial,
industrial and government property projects.

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

I joined Colliers in 2021 as an Analyst 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.

Outside of Colliers, I am working towards completing a Bachelor of Property Economics at the University of Technology Sydney at the end of 2021.

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