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Service Expansion: Strategic Tax Consulting with an exclusive focus on the Property Sector
MELBOURNE, 24 SEPTEMBER 2013 – In response to changing client expectations and market conditions, Jones Lang LaSalle is expanding its Australian service offering to include Strategic Tax Consulting as part of the drive to provide real value for clients.
This offering will be differentiated from existing service providers as it will not only focus on depreciation and purchase price allocation, but will cover the full investment life cycle of property, from acquisition to sale; providing advice on the most effective way to manage and monitor allowances arising from capital expenditure and refurbishment, and also advising on structuring and strategy.
Strategic Tax Consulting will provide proactive rather than reactive advice that is closely aligned with day-to-day property investment management and decision making. It will service Jones Lang LaSalle’s existing client base, extensive corporate clientele and also provide advice to purchasers (local and offshore), vendors, landlords, tenants, superannuates, REITs, syndicators and private investors.
The service will sit within the Valuations and Advisory business and will be implemented by Tim Davies who has 30 years’ experience as a Chartered Accountant, including 25 years in tax advisory roles in both professional practice and the corporate sector. Mr Davies has previously held senior positions with Arthur Andersen, KPMG, John Holland Group and Crown Resorts and Casinos.
The service will be offered nationally with Mr Davies to be based in Jones Lang LaSalle’s Melbourne office.
Jones Lang LaSalle Managing Director Investment and Advisory Group, John Talbot said, “Jones Lang LaSalle are in business to create and deliver real value for clients in a complex world that is constantly changing."
“This new offering represents another initiative to better service our clients and enhance their property returns,” Mr Talbot added.
Victorian Managing Director, David Bowden said, “The Victorian business is very excited to have this national offering based out of our Melbourne office. It represents another significant appointment, following that of Peter Fay from CBRE, positioning the Valuations and Advisory business for growth in 2014 and beyond.”
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