Melbourne, 10 March 2014 – CBRE has further strengthened its Melbourne-based Capital Allowances team after recruiting highly experienced quantity surveyor Andrew Chew.
Mr Chew has extensive experience in the Capital Allowances and Asset Management field, representing clients such as MAB Corporation, Lend Lease and Bunnings Group.
He joins CBRE from Napier & Blakeley, where he was involved in the preparation and delivery of asset registers and capital expenditure analysis for clients ranging from private investors through to property trusts.
The National Director of CBRE’s Capital Allowances team, Neale Scott, said the appointment would strengthen the firm’s position in the Capital Allowances space and add significant value to the team’s capabilities.
“Andrew’s appointment is a major boon to the Melbourne Capital Allowances team and will further enhance our work and presence in the Capital Allowances sector,” Mr Scott said.
“He has extensive experience in conducting tax depreciation and analysis of assets for some major clients, and his proficiencies in the industry are a major asset to our team.”
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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