International real estate advisor Savills has announced the appointment of William Davies as Co-Head of PBSA Valuations, based at the firm’s Margaret Street headquarters. He will focus on student accommodation valuations within Savills Operational Capital Markets (OCM) division.
Davies joins Savills from Allsop LLP, where he spent over 15 years specialising in valuations across the residential and student housing sectors. He brings extensive experience in valuing Purpose Built Student Accommodation (PBSA) and Student HMO Portfolios across the UK with a particular focus on Greater London and the South of England, covering both development and operational assets. His client base has included banks, debt funds, bridge lenders, developers, operators and property companies. Earlier in his career, he worked as a Surveyor at Cluttons LLP.
In his new role, Davies will co-lead the PBSA Valuation team, building on the strong foundations established by Rachel Coates, the existing Co-Head of the team. He will also work closely with Savills market leading PBSA Capital Markets team, led by Lizzie Beagley, to further strengthen the firm’s position in the sector.
Tim Stoyle, Head of Operational Real Estate Valuations at Savills, says, “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.”
William Davies, Co-Head of PBSA Valuations, comments, “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.”
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