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Cushman & Wakefield significantly strengthens national valuations team with seven key hires

David Castles • 25/02/2021

Newly appointed state director Josh Phegan comes to Cushman & Wakefield from M3 Property, where he spent over six years as Divisional Director of Valuation & Advisory, Industrial. Josh has an extensive institutional industrial background, providing strategic advice to a range of national and institutional clients. 

Niall Ashleigh was previously an Associate Director at M3 Property and will lead institutional office valuations, focusing on the Melbourne CBD and suburban markets. Niall is a Co-founder of deal management platform Real Estate Precinct, and was directly involved in $4.5 billion of office and industrial transactions at Centuria Capital.

Lily Lachal joins Cushman & Wakefield as a Senior Valuer, Institutional Industrial, and Peter Bath as an Assistant Valuer.

The newly secured institutional valuations team follows the recent appointment of the market-leading self-storage valuation & advisory team consisting of Linda Sharkey, Hugh Davies and Patrick Mulcahy.

Linda Sharkey heads up the Trans-Tasman self-storage practice, joined by Hugh Davies as Associate Director and Patrick Mulcahy as Senior Valuer. The team were formally at Urbis, where they won the Self Storage Association of Australasia Service Member of the Year Award 2019. 

Cushman & Wakefield’s Joint National Director, Valuations & Advisory, David Castles, said: “These appointments are not only key to our core offerings in the institutional valuation markets nationally but support our approach to identify quality operators who are both well-regarded by the market and the right cultural fit for the business. These hires build further momentum to the strategic growth of our offerings across Australia and New Zealand.”

Cushman & Wakefield’s Victorian Director, Valuations & Advisory, Josh Phegan, said: “I’m thrilled to be joining Cushman & Wakefield, and work closely with the strong existing teams across the business in Victoria and nationally.”

“I was particularly attracted to the size and international scale that Cushman & Wakefield represents which provides a solid platform to build a true national business.”

Cushman & Wakefield‘s Director, Valuations & Advisory, Linda Sharkey, said: “Cushman & Wakefield are market leaders in self-storage valuation and advisory across Australia, the US and Europe, and Hugh, Patrick and I look forward to joining the exceptional team of 2,000 valuers globally.”

“Over half a billion dollars of self-storage transactions were negotiated throughout 2020, and unprecedented demand led to new local and overseas investors emerging to acquire portfolios. Australia is a global destination for these assets, and we expect this to continue over 2021.”