Taco Brink and VAS Group launch VAS Valuation Management
VAS Group has today launched VAS Valuation Management, an independent valuations consultancy business 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 over 30 years’ valuation management and review experience.
He was recently managing director and head of Situs RERC Europe and European Head of Valuation Management for Altus Group. Prior to that he was the head of DTZ Pan-EU International Valuation Coordination Group.
VAS Valuation Management’s business will be based in London and is focused on providing valuation management and advisory services to the international commercial real estate industry.
These services are of growing importance to large financial and lending institutions, pension and insurance funds, and institutional fund managers who manage commercial real estate portfolios throughout the UK and Europe.
The business will assist clients in meeting both best practice policies and their regulatory requirements from a sought after independent position for the benefit of all stakeholders.
“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,” said Taco Brink, co-founder and managing director at VAS Valuation Management.
“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.”
“Our core group mission is to help reduce risk and provide an excellent service for our partners, the new business will continue this proposition within a new market, helping strengthen our overall offering.” added Stephen Todd, joint co-founder of VAS Group.
“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,” concluded Gina May, joint co-founder of VAS Group.
“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.”
The VAS Group consists of three further divisions: VAS Panel provides a full valuation panel management service which ensures the most relevant companies are instructed based on location, deal type and value; VAS Audit provides live and retrospective auditing services to reduce property specific lending risks.
VAS Software is a cloud-based valuation panel management framework system which allows lenders to better manage their own panels.
