Lloyd

Internationally experienced Plant & Machinery Appraiser and Certified Professional Valuer with 35 years of hands-on expertise spanning industrial, mining, agricultural, and manufacturing sectors across Africa, Europe, and North America. Trained to RICS 'Red Book' global standards and registered with the South African Council for the Property Valuers Profession. Deep expertise in IFRS valuations, insurance appraisals, collateral assessments, M&A asset weighting, and board-level reporting.

Proven track record delivering complex, multi-site portfolio valuations for leading financial institutions, development corporations, and private clients. Currently pursuing CMEA designation (Nebb Institute) to formalise US credentials. A trusted expert witness and lecturer who brings analytical precision, stakeholder confidence, and global perspective to every engagement.

Head of Valuations & Lead Subcontractor — Plant & Machinery at Valucor (Pty) Ltd (2020-05 – Present)

Leading plant and machinery valuation engagements for corporate clients and financial institutions, with concurrent sub-contracting to specialist valuation firms across South Africa. Valuations prepared for IFRS reporting, insurance coverage, and loan security verification.

• Directed end-to-end valuation projects — from client onboarding and kick-off meetings through physical site inspection to final close-out report delivery
• Provided IFRS-compliant valuations supporting financial statement preparation for listed and unlisted entities
• Managed concurrent multi-site portfolio valuations across diverse industrial sectors including mining, manufacturing, and logistics
• Conducted detailed market research and comparable data capture to underpin defensible, audit-ready valuations
• Produced comprehensive valuation reports to RICS Red Book standards using MS Word and MS Excel

Senior Appraiser — Plant & Machinery at Industrial Development Corporation (IDC) (2009-09 – 2020-05)

Delivered plant and machinery valuations for one of South Africa's largest development finance institutions, serving Strategic Business Units, Workout and Restructuring departments. Valuations supported shareholder contributions, IFRS compliance, insurance, loan security, disposal reserve pricing, and rental determinations — all the way through to EXCO Board presentation.

• Provided expert valuations and advisory services for M&A transactions where fixed asset weighting was a material deal factor
• Supported distressed asset workouts and restructurings, advising on plant disposal values via private sale, formal tender, and auction
• Managed relationships with diverse stakeholders including legal teams, engineers, auditors, and executive management
• Reviewed and quality-assured external valuations, ensuring accuracy, validity, and professional standards compliance
• Project managed complex multi-property and multi-plant portfolio valuations from scoping through board submission
• Established and maintained market research databases supporting consistent, defensible valuation benchmarks

Director & Proprietor at Valucor cc (Self-Employed) (2005-06 – 2009-09)

Founded and operated an independent valuation practice undertaking rates assessments and collateral valuations across Durban and Johannesburg for financial institutions and private clients.

• Conducted physical inspections of commercial, industrial, and residential real estate including leasehold harbour property
• Determined highest and best use and applied appropriate valuation methodologies including rental, capitalisation, and vacancy rate analysis
• Delivered full-cycle client service from initial brief through report delivery, follow-up meetings, and query resolution

Senior Valuer & Head of Plant & Machinery Division at Roper & Associates cc (2001-10 – 2005-06)

Joined as a senior valuer in the land and buildings division, then conceived and built the firm's plant and machinery valuation division from the ground up.

• Founded and led a new plant and machinery valuation practice — growing it into a revenue-generating division of the firm
• Negotiated client engagements, scoped valuations, and structured fee proposals based on fixed asset registers and property descriptions
• Executed collateral valuations for residential, commercial, and industrial properties across the greater Durban region
• Trained and supervised data collectors in building measurement, construction data recording, and reporting standards

Trainee → Professional Associated Valuer at CB Richard Ellis (CBRE) (Pty) Ltd (1991-03 – 2001-10)

Began career at one of the world's leading real estate services firms, receiving rigorous training in plant and machinery valuation from qualified mechanical engineers to RICS Red Book standards. Qualified as a Professional Associated Valuer in 1998 with distinction.

• Completed comprehensive training in physical plant and machinery assessment for insurance and collateral purposes
• Conducted site inspections across mining, manufacturing, agri-processing, and industrial sectors throughout South Africa and sub-Saharan Africa
• Progressed from assisting senior appraisers to independently undertaking rates assessments and real estate valuations from 1997
• Developed deep sector knowledge across mines, sugar mills, thermal power plants, ERW and spiral pipe manufacturing, and related heavy industries

Diploma in Real Estate – Durban University of Technology (formerly Durban Technikon)

Certificate in Project Management – Durban Institute of Technology

Certificate in Financing & Valuing Commercial Property – University of Cape Town

Certificate in Introduction to Sugar Technology – University of KwaZulu-Natal Sugar Milling Research Institute