William is a Partner in the Operational Real Estate team specialising in valuation. He leads valuations for a wide range of clients in the NHS, Museum, Local Authority, University sectors as well as the London Estates.
William has particular expertise in portfolio valuations, financial reporting valuations and the Depreciated Replacement Cost method. He is responsible for coordinating advice from across the firm to deliver well considered and comprehensive advice to a broad client base. He is also a member of the Royal Institution of Chartered Surveyors and a RICS Registered Valuer.
Bringing you expert advice:
One of William’s main areas of focus is providing accurate and timely asset valuations to NHS Trusts and Foundation Trusts. As the majority of the NHS estates comprise ‘specialised assets’ it allows him to use his 16 years’ experience in the depreciated replacement cost method to deliver expert advice on areas such as ‘modern equivalent asset’, ‘alternative site’ and obsolescence rates in older buildings.
William has provided IFRS compliant valuations on many of the City of London’s operational assets including the Old Bailey (Central Criminal Court) and the Barbican Arts Complex.
Having co-authored an RICS information paper on ‘right of use asset’ valuations, he is a subject matter expert in IFRS 16 Lease valuations, which is now a requirement under IFRS, and has provided training to external bodies.
Specialist assets such as museums require financial reporting valuations, and William has delivered these for the Natural History Museum; the National Maritime Museum; the Science Museum and the Royal Armouries.
Having valued over £5bn of university assets under FRS 102, he is skilled in valuing specialist assets, including laboratories, student residences, performing arts venues, observatories as well as lecture theatres and faculty buildings.
William has led the delivery of large complex portfolio valuations such as the Welcome Trust’s South Kensington Estate. This involved co-ordinating the work across various Newmark specialists in leasehold reform, hotels, residential, offices, education and retail sectors.