Savills has hired William Davies from Allsop as co-head of PBSA valuations.
Davies spent more than 15 years at Allsop specialising in valuations across the residential and student housing sectors. Prior to Allsop, he worked as a surveyor at Cluttons.
In his new role, he will co-lead the PBSA valuation team at Savills alongside fellow co-head Rachel Coates, and will focus on student accommodation valuations within Savills’ operational capital markets division.
Tim Stoyle, head of operational real estate valuations at Savills, said: “According to our latest OpRE Investor Survey, PBSA has overtaken multifamily housing as the top investment priority in the living sectors across the UK and Europe. 62% of our respondents indicated they are actively seeking to deploy capital into the sector. William’s expertise will be instrumental as we continue to deliver best-in-class advice and support to our clients in this space.”
Davies added: “Joining Savills at an exciting time for the PBSA sector is a fantastic opportunity. With significant demand for insightful and strategic valuation advice, I’m looking forward to contributing to the team’s continued success and delivering outstanding support to our clients across both development and operational assets.”
