Service Member Profiles

SSAA MEMBER JLL NEW ZEALAND

JLL are one of the world leaders in real estate services. Paul Ben-Nathan has recently moved across from the UK to head up JLL’s Alternatives offering in New Zealand. In the UK, Paul has worked with self storage operators, investors and lenders for over 15 years.

JLL works with the storage industry on many levels from: l Finding suitable sites

Identifying suitable sites based on an understanding of the requirements of the self storage industry together with local demographic and economic factors. l Valuations

JLL are on the panels of major NZ lenders and can help with valuations for loan security purposes or financial statements. l Sales and acquisitions

JLL is keen to help operators build and develop platforms to maximise the values of their assets. l Capital Raising

JLL has access to both local and international capital markets to help you grow your business.

Please get in touch with Paul to discuss how JLL can help you develop your business paul.bn@ap.jll.com

PIONEER PERFORMANCE

Pioneer Performance is the latest service provider to become a member of the Self Storage Association. They provide a unique service to the industry offering comprehensive management and development solutions. Their management solutions take the hassle out of the day to day operation of your facility. With no branding requirements and tailoring their strategy for each facility, Pioneer Performance services a range of clients. The management service was created with specific values in mind centered around understanding the needs of their client’s not just those of storage facility customers.

On a foundation of effective communication and transparency, the Pioneer Performance team harness the efficiency of cloud based financial reporting to deliver streamlined, and innovative self storage management. With a diverse skill set including accounting, operations, sales, and property development the team excel in managing all aspects of the business to meet their client’s needs. Leigh Thewlis, National Operations Manager believes that the key to keeping their clients happy is to listen and deliver a tailored service. With each new client Pioneer Performance takes the time to understand their needs in order to develop a specific service offering to meet the client’s individual needs.

Pioneer Performance manage facilities nationally from the East to West coast and work with their clients to develop and manage new and existing facilities. Whether you are an established business wanting a fresh management approach, looking to begin a new development or wanting to step back from the daily grind of operating your facility, Pioneer Performance will create a solution with you. Contact: pioneerperformance.com.au / ph 1300 857 903

NSW LAND VALUATIONS

The SSAA was invited by the NSW Valuer General to participate in an Industry Survey of land valuations in NSW as at 1 July 2020.

The Valuer General was aware that some sectors of the property market had been more heavily impacted by COVID-19 than other sectors and was seeking the views of industry bodies such as the SSAA regarding the nature of such impacts.

The NSW Valuer General’s survey findings together with the analysis of transactions in the market will inform the Valuer General on the value of such sectors from July 2020. This includes recent sales and sales that were not completed or were put on hold due to COVID-19.

The Association in collaboration with Urbis, David Blackwell and some major industry representatives compiled a thorough submission on issues put forward by the Valuer General.

The SSAA’s submission emphasised that demand from self storage customers has been significantly impacted by COVID-19 with most operators reporting a more difficult trading environment.

The SSAA’s submission emphasised that demand from self storage customers has been significantly impacted by COVID-19 with most operators reporting a more difficult trading environment.

The results of our submission will be considered when the 2020 Land Valuations are prepared, but at this stage the full impact and the Valuer General’s final position is not finalised. The Valuer General’s assessment will apply as at 1 July 2020 and Valuation Notices will be issued in 2021. The SSAA recommends that property

owners in the self storage industry take particular notice of this year’s Valuation Notices. In NSW, Land Valuation assessments issued by the Valuer General will be applied in Land Tax calculations and in the determination of Council Rates.

Owners should be aware that the NSW Valuation of Land Act provides for a right of objection and appeal. Appeals must be based on specific valuation evidence. Owners should consider obtaining professional valuation advice if they are considering an appeal. l