Eddisons strikes proptech deal with valuations platform

Eddisons has signed a partnership deal with proptech firm Valos in a collaboration which is designed to streamline the fast-growing property consultancy’s valuation process and enhance the valuation reports it produces for clients.

The firm has adopted the Valos technology across its 100-strong valuation team in a move which the firm says will drive efficiencies and increase the speed with which valuations are delivered to clients.

The platform automates the routine elements of carrying out valuations, improving accuracy and cutting production time, as well as producing enhanced data, enabling valuers to generate more comprehensive valuations.

Eddisons’ regional director Phil Deakin, who heads the firm’s North West and West Midlands valuation team, said: “Valuation is an important and growing area of our business, with more than 100 people in our team nationally and increasing demand from our clients for the highest quality valuation advice across the commercial and residential sectors.

“As technology plays an increasingly central role in our operations, we are committed to embracing best-in-class solutions to help our valuers and enhance the service we provide to our clients.

“When we evaluated the technology options, Valos emerged as the clear choice and that was down to the breadth of the product. The platform has clearly been built by valuers that understand our core needs, seamlessly combining accurate data in bespoke templates. This will transform the delivery of our valuation services for clients, improving our efficiency, and freeing up time for our valuers to focus on providing informed insight and the best advice.”

Valos co-founder and CEO Alex Kountourides said: “Eddisons are an innovative firm that are renowned for their client-focused approach and we are proud to be working with them and helping them to drive positive change in their valuation work through the incorporation of new technology.

“Of course, valuers remain integral to the valuation process and with Valos I think we have achieved the perfect blend of automation and valuer input to empower and not replace them.”

 

Eddisons boosts North West valuation team with new director appointment

Fast-growing property consultancy Eddisons has appointed a new director within the firm’s valuation team in the North West.

Based in Eddisons’ Manchester offices, Josh Northcott has joined from Colliers, where he was an associate director of the firm’s international valuation and advisory services.

With 15 years’ commercial property industry experience, Josh specialises in land and property valuation across a range of sectors for secured lending, accounting and purchase or disposals.

Phil Deakin, regional director at Eddisons and head of the firm’s North West and West Midlands valuation team, said: “We are really pleased to welcome Josh on board, marking the appointment of yet another high-calibre team member, who brings with him extensive experience of working in an multi-national practice.

Valuation is a growing area of Eddisons’ business, with more than 100 people in our team nationally and increasing demand from our clients for high quality valuation advice across the commercial and residential sectors. The continued expansion of Eddisons’ North West valuation team complements our growth in other regions and targeted acquisitions in areas such as the South West with Bristol-based Andrew Forbes Chartered Surveyors.”

Also in the 10-strong North West valuation team, graduate surveyor Kate Smith, who joined Eddisons in 2022, has passed her Assessment of Professional Competence exams to become a qualified member of the Royal Institution of Chartered Surveyors.

Phil Deakin added: “Kate has gone from strength to strength since she became a member of our valuation team and we are really proud of her achievement in becoming chartered and attaining registered valuer status.

“It is tremendous to see our younger colleagues, in particular, develop and progress in their careers with us. At Eddisons we are focused on nurturing talent and providing our clients with excellent advice across a broad range of sectors and geographies.”

Following a string of acquisitions, including that of SDL Property Auctions in December, Eddisons now employs around 500 people across a network of more than 30 UK offices.

Eddisons launches South Yorkshire valuation team with director appointment

Property consultancy Eddisons has appointed Michael Goodare as valuation director, based in its Sheffield office.

Joining from Knight Frank in Leeds, where he spent six years, Goodare will establish a dedicated valuation team based in Sheffield, expanding and diversifying Eddisons’ service offering in the region.

The new team will complement the firm’s seven-strong Leeds-based valuation team and provide valuation services across South Yorkshire and the North Midlands, as well as covering the wider Midlands, Yorkshire and Humber areas. Nationally, Eddisons’ valuation division now employs more than 100 people – including new acquisition Andrew Forbes Surveyors in Bristol.

Adrian Lunn, who heads Eddisons’ Sheffield office, said: “Valuation is an area of growing demand for us and we are thrilled to have Michael on board to build our new in-house team here in Sheffield.

“We launched our office in the city two years ago since when we have forged ahead, investing in talented people and continuing to expand our range of high quality expertise and services to our clients. We are now a team of 16 and look forward to making new hires in the coming months as the valuation division grows.”

Michael Goodare said: “I am delighted to be joining Eddisons and relish the opportunity to establish a dedicated valuation service in the Sheffield office.

“With 10 years’ experience in the Yorkshire market I’m looking forward to being based in my home city, as well as to working alongside new colleagues and strengthening Eddisons’ position in the South Yorkshire market, providing dedicated property advice to both new and existing clients.”

Leeds-headquartered Eddisons is one of the UK’s fastest growing multi-disciplinary property consultancies. Established in 1844 it employs, more than 400 people across a network of 26 offices.

Eddisons expands across Eastern England with acquisition of BSM

Eddisons expands across Eastern England with acquisition of BSM

 

Leading national property consultancy, Eddisons, has today confirmed the acquisition of Barker Storey Matthews (BSM) one of the largest independent chartered surveying firms in Eastern England.

BSM was recently ranked the overall winner for Eastern England in the EG Deals Competition 2018 (‘EG’) for commercial property agents and acquisition will see the experienced 38-strong team integrate with the current Eddisons team.

Eddisons will also expand its national office network to 20 by incorporating BSM’s premises in Cambridge, Huntingdon, Peterborough and Bury St Edmunds, further strengthening the company’s ability to deliver specialist property services on nationally.

BSM is a multi-disciplinary practice and delivers services consistent with those offered by the existing Eddisons business, including commercial property agency, property management, building consultancy, professional services (including valuations) and planning services.

Eddisons Partner, Anthony Spencer, said: “I am very pleased to welcome the BSM team into Eddisons; it widens our geographical coverage to twenty offices around the UK and increases the number of clients. This is our fifth Eddisons acquisition since we joined the Group and we continue to seek opportunities for further growth, both organically and by strategic acquisition.”

Steve Hawkins, Managing Director at BSM, commented: “Through our talented team of people, Barker Storey Matthews has developed a market leading reputation for delivering quality property advice across the Eastern region.

“We are excited to be joining the Eddisons team as there is a natural overlap with the services we offer and an opportunity to work with like minded individuals. This strengthens our proposition to our dedicated client base and we look forward to developing the opportunities the deal presents. Not only will we be able to offer a greater spread of professional services but we will be able to do so on a UK wide basis.”

This marks the second acquisition of 2019 for Eddisons, having bought transport and planning consultancy Croft earlier this year. The firm has also acquired industrial auctioneers CJM Asset Management, real estate and business valuers Taylors, and leading property auction business Pugh & Co.

The BSM deal marks the second acquisition of 2019 for Eddisons.

Written by: Anthony Spencer on Friday 05/04/2019