What's Happening?
Pantera Advisory Group, a Harrogate-based real estate consultancy, has launched Pantera Valuation Services, a new division focused on asset valuation for the insolvency and lending markets. The division will operate from Harrogate and London, led by managing
director Kevin Counihan and Pantera Advisory Group founder Tom Snook. Pantera Valuation Services aims to provide a full range of valuation services, particularly supporting the insolvency profession. Kevin Counihan, with over 20 years of experience in asset valuation, joins from SIA in London, where he led restructuring valuation services.
Why It's Important?
The launch of Pantera Valuation Services marks a significant expansion for Pantera Advisory Group, enhancing its service offerings in the real estate sector. By focusing on asset valuation for insolvency and lending markets, the new division addresses a critical need for specialized valuation services in complex restructuring scenarios. This development may strengthen Pantera's position in the UK real estate market, attracting clients seeking expert guidance in asset recovery and valuation. The expansion reflects broader trends in the real estate industry, where firms are diversifying their services to meet evolving market demands.
What's Next?
Pantera Valuation Services is expected to grow its client base by offering specialized asset valuation services across the UK. The division may explore opportunities to expand its services internationally, leveraging Kevin Counihan's expertise and Pantera's established reputation. As the demand for insolvency and restructuring services increases, Pantera may consider further expansions or partnerships to enhance its capabilities. The success of this new division could inspire other real estate consultancies to diversify their offerings, potentially leading to increased competition and innovation in the sector.
Beyond the Headlines
The launch of Pantera Valuation Services highlights the importance of specialized services in the real estate industry, particularly in the context of insolvency and restructuring. By combining asset valuation expertise with real estate sector knowledge, Pantera is addressing a niche market need. This approach may influence other firms to develop specialized divisions, fostering innovation and competition in the industry. The emphasis on responsive, specialist services reflects a broader trend towards personalized client solutions, which could reshape the landscape of real estate consultancy.
