Cushman & Wakefield has appointed Philip Macauley as a partner within its UK valuation & advisory team, with a focus on self-storage facilities.
Macauley joins Cushman & Wakefield from Colliers International, where he oversaw the valuation of licensed and leisure property assets, including those relating to trading businesses such as public houses, cinemas, wedding venues, gymnasiums and student housing.
Macauley has almost 20 years’ experience in the valuation of commercial property assets, including KPMG - at which he led KPMG’s UK property valuation team - and Deloitte, where he valued mixed portfolios, including self-storage assets.
Martin Robb, head of alternatives and specialist markets, valuation & advisory, at Cushman & Wakefield said: ‘We are delighted to welcome Philip to the team. His extensive experience includes several self storage valuation and advisory pieces with key operators including the likes of Big Yellow, Safestore, Access and Lok’nStore.
‘His varied career in the valuation sector means that he brings a wide range of specialist market knowledge to our Valuation & Advisory business at a time when our clients are looking for the best advice for their ever-diversifying portfolios.’
Philip Macauley, partner at Cushman & Wakefield said: ‘The self storage sector has evolved significantly in recent years and is gathering considerable interest from a variety of investors who are attracted to its sustained growth and strong underlying fundamentals.
‘I look forward to advising this diverse client-base, which includes institutions, private equity as well as family offices, on how to best navigate this exciting sector.’