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CBRE Expands Capital Allowances Arm

CBRE

CBRE’s Capital Allowances business in Australia has expanded its service offering with a new Residential Tax Depreciation platform.

CBRE Capital Allowances National Director, Neale Scott

said, the team would capitalise on the infrastructure of the firm’s Residential Valuations business to establish a national platform with an existing extensive network working across all metro-areas.

“With the advantage of a strong performing residential valuation business, we are in an ideal position to offer market leading pricing, report and delivery times,” Mr Scott said.

The expansion into the residential market comes after success in other industries.

“Having recently undertaken some of the largest assignments in the commercial Agribusiness sections, the addition of a residential platform enables us to offer a full suite of property and tax depreciation services across all sectors,” Mr Scott said.

CBRE Capital Allowances specialises in the formulation of depreciation schedules and the provision of associated advisory services, including the preparation of property reinstatement costs and depreciated replacement cost assessments.

This is made possible with software that was developed in their branches in the UK and US.

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Article originally posted at: https://theurbandeveloper.com/articles/cbre-expands-capital-allowances-arm