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  • Agribusiness the new target for CBRE’s Capital Allowances team

Agribusiness the new target for CBRE’s Capital Allowances team

16 February 2014
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​Melbourne, 16 February 2014 – CBRE has expanded the focus of its Capital Allowances team into the Agribusiness sector after recruiting leading property and tax depreciation expert Michael Ross.

Mr Ross has over 11 years’ experience in property depreciation, Insurance Replacement Cost Assessments and Asset Registers, including seven years specialising in the Australian Agribusiness sector.

He has joined CBRE as a Senior Quantity Surveyor, based in the firm’s Melbourne office.

The National Director of CBRE’s Capital Allowances team, Neale Scott, said the appointment would further broaden the firm’s capabilities in the Agribusiness field and provide a significant value-added service offering to their Agribusiness clients.

“Michael will dovetail well into our expanding Agribusiness team, and allow us to offer a combined product across our various service lines,” Mr Scott said.

“He has significant experience in both pre and post farm gate assignments across the entire agribusiness spectrum, including sheep stations, beef cattle properties, dairy farms, nursery and floriculture, fruit and nut growing, intensive poultry farming, packing sheds, cold stores, wineries and timber chipping facilities.”

Launched last year, CBRE’s Capital Allowances team focuses on the preparation of depreciation schedules on new acquisitions, construction projects, refurbishments, demolitions, book value assessments and insurance reinstatement cost assessments for all types of property. The team also assists CBRE agents with the preparation of indicative depreciation schedules for new sales campaigns.

The team augments the services currently provided by other CBRE business lines by undertaking free of charge preliminary appraisals of clients’ existing depreciation schedules and capital expenditure.

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About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue).  The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.au.
 

 

 

 

 

 

 

 

 

 

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