Associate Director | Valuation & Advisory Services
As Associate 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.
Notable recent appointments include:
- Sydney Place, 180 George Street, Sydney - Lendlease
- Chifley Tower, 2 Chifley Square, Sydney - Charter Hall
- 1 Shelley Street, Sydney - Charter Hall
- Gateway, 1 Macquarie Place, Sydney - Dexus
- George Place, 345 & 363 George Street, Sydney - ISPT
- 25 Martin Place, Sydney - Dexus
Bachelor of Property Economics with 2nd Class Honours (University of Technology, Sydney)
Memberships & Involvements
Member of the Royal Institution of Chartered Surveyors (MRICS) and Associate, Australian Property Institute (AAPI).
Managing Director | Valuation & Advisory Services, Strategic Advisory & Healthcare & Retirement Living
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.
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 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.
Head of Office | Valuation & Advisory Services
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:-
- 1 Farrer Place, Sydney;
- 126 Ohillip Street, Sydney;
- 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;
Director, Office | Valuation & Advisory Services
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.
Director | Valuation & Advisory Services
I provide valuation and advisory services on commercial real estate in the Sydney CBD and City Fringe.
Real estate sectors include office, office developments, commercial, commercial developments, residential buildings, residential developments and retail property. Ask me about your annual reporting, financial reporting, asset valuations, mortgage valuations, acquisition / disposal, NSW compulsory acquisition and rental advice requirements.
I currently work closely with Dwight Hillier, Jonathan Petsalis, Cassandra Mortimer, Devan Vituli, Phil Western, Christopher Milou and Dylan Adams.
Assistant Valuer | Valuation & Advisory Services
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 have recently graduated from the University of Technology Sydney with a Bachelor of Property Economics.
For more information about Colliers International, please visit www.colliers.com
Assistant Valuer | Valuation & Advisory Services
I joined Colliers in 2021 as an 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.
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