What's Happening?
Savills has appointed Katherine Ilett as the director of its rural valuation and consultancy team in the East of England. Ilett, who previously worked for Bidwells for a decade, specialized in operational living capital markets, advising on assets such as purpose-built student accommodation and Build-to-Rent opportunities. In her new role, Ilett will be based in the Savills Cambridge office, working alongside colleagues in London, and will focus on valuing farms and estates across Cambridgeshire and East Anglia. Raised in Suffolk, Ilett has a personal connection to the rural sector, having grown up on a farm. She expressed enthusiasm for returning to her rural roots and working in a sector that was a significant part of her childhood.
Why It's Important?
The appointment of Katherine Ilett is significant as it highlights Savills' commitment to strengthening its rural consultancy services in response to market demands. Ilett's expertise in capital markets and her rural background provide her with a unique perspective on the challenges facing the agricultural sector, such as diversification and sustainable farming techniques. Her role is crucial in advising clients during a time of significant change in the agricultural industry, which is exploring alternative income streams and regenerative practices. This move by Savills underscores the importance of adapting to evolving market conditions and the need for experienced professionals to guide clients through these transitions.
What's Next?
Ilett's appointment is expected to enhance Savills' ability to provide comprehensive valuation and consultancy services to its clients in the rural sector. As the agricultural industry undergoes transformation, Ilett's role will involve exploring new ventures and income streams for farms and estates. Her work will likely focus on advising clients on sustainable practices and diversification strategies. Savills aims to leverage Ilett's expertise to strengthen its position in the rural consultancy market, potentially leading to increased business opportunities and client engagement in the East of England.
Beyond the Headlines
Ilett's return to her rural roots and her passion for the countryside reflect broader cultural and ethical dimensions in the agricultural sector. Her experiences growing up on a farm have shaped her values and understanding of rural issues, which she brings to her consultancy role. This personal connection may influence her approach to advising clients, emphasizing the importance of preserving rural heritage while embracing modern practices. The appointment also highlights the growing trend of professionals returning to their roots to contribute to sectors that hold personal significance.
