People

William Arkell

Partner

Location

London (West End)

Contact William

T: +44 (0)20 7333 6381

E: warkell@geraldeve.com

William is a Partner in our Alternative Markets department and is a RICS Registered Valuer. His expertise is in valuation and property taxation including all rating issues, advising clients in the education, healthcare and local authority sectors. He has particular expertise in application of the Depreciated Replacement Cost and Contractors methods of valuation for specialised properties.

Specific experience

Will has valued over £3 billion of University assets in the last 2 years many as part of the transition in accounting standards from UK GAAP to FRS 102. Universities that Will has valued include: University of Cambridge, University of Sheffield, University of Surrey, University of East Anglia, University of Essex, University of Greenwich, University of Ulster, Cranfield University & Kings College London.

Will has provided IFRS compliant valuations on many of the City of London’s operational assets including the Barbican Arts Complex, Golden Lane Leisure Centre and four operational police stations.

Will manages and undertakes ‘red book’ portfolio valuations for financial reporting purposes under IFRS for the Portman Estate, Wellcome Trust Estate and Grosvenor Estates.

Will has undertaken IFRS compliant valuations on a Fair Value basis for many NHS Trusts and NHS Foundation Trusts including amongst others the Royal Marsden NHS Foundation Trust, Brighton and Sussex University Hospital, University Hospitals Southampton NHS FT, Hinchingbrooke NHS Healthcare Trust, Queen Victoria Hospital, Royal National Orthopaedic Hospital.

Advising the University of Cambridge, University of Surrey, National Maritime Museum, Downing College and various specialised properties on the provision of reinstatement cost assessments.

Providing strategic rating advice and consultancy to numerous universities and colleges, including negotiating favourable settlements with the Valuation Office Agency, pursuing empty rates mitigation strategies and rates liability estimates.

Will was heavily involved in negotiating and settling the Universities Memorandum of Agreement for the 2010 Revaluation which involved analysing over 200 University new building projects to obtain primary build cost evidence. He is currently negotiating with the VOA for the 2017 Revaluation.