VAS Group has launched an independent valuations consultancy business, VAS Valuation Management, which will provide strategic solutions to European lenders, financial institutions and investment fund managers.
The business has been co-founded by Taco Brink, who has more than 30 years of valuation management and review experience.
VAS Valuation Management’s business will be based in London and focused on providing valuation management and advisory services to the international commercial real estate industry.
VAS Group – which supports valuers, lenders, brokers and the debt industry to reduce
property specific risks – suggested these services are of ‘growing importance’ to large financial and lending institutions, pension and insurance funds, as well as institutional fund managers who manage commercial real estate portfolios throughout the UK and Europe.
VAS Valuation Management co-founder and managing director, Taco Brink, commented: “I’m delighted to be launching a new service within VAS, sharing our collective core values of reducing property specific lending risks and delivering best practice to our clients.
“Valuation management and review services are becoming a critical ingredient in delivering best practice, helping clients to comply with increased scrutiny from the regulatory community and investor demands.
“The new business will play a vital role in this process, providing a truly independent and transparent valuation and review process. Our services provide the added confidence for investors and relieves the conflicts of interest inherent when relying solely on an in-house review process with a limited panel of independent valuers to choose from.
“Combining VAS Group’s existing platforms with our team of highly experienced pan-European professionals will allow us to provide an unparalleled service to our clients.”
VAS Group joint co-founder, Gina May, added: “Taco’s unrivalled experience within the pan-European valuation industry and in particular, his recent focus on improving independence and transparency through valuation management, will be met with much enthusiasm from our existing and prospective clients.
“To have Taco join the VAS team is a significant coup for the business, an important step in the company’s evolution, and reinforces the service quality and reputation for which we have come to be known.”
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