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New, young director takes out top national valuation award

New, young director takes out top national valuation award

Logan Stone, a leading national and international property valuation business recently announced a new director of the business, Jay Sorensen. At 28 years old, he may be youthful, but he is already packing a punch in the valuation industry having been awarded the Property Institute of New Zealand’s Young Property Professional of the Year Award at its national conference in June.

“Logan Stone is an expert in valuation across commercial, property management, infrastructure, development and investment. I have a set of unique skills that will add value in the primary industry valuations,” says Jay Sorensen, director, Logan Stone.

Mr Sorensen is fully involved across the valuation sector, he is on the Property Institute Standards and Valuation Committee, providing a younger voice in reviewing new standards for the industry. He is also a past member of the Property Institute Young Leaders’ committee, where he led a project to develop resources for secondary school students to encourage greater interest in property as a career option.

An area that has the potential to greatly impact the profitability of farms over the next few years, is one of Mr Sorensen’s specialities. As new water management rules come into effect, stringent new nutrient loss limits will impact land owners and this is an area where he has developed in-depth knowledge.

“With regulation changes to the way we manage nutrients, there needs to be forward thinking decisions made now over the best way to mitigate nitrate and phosphate losses. Maintaining and improving profitability in this climate, while meeting these regulations will be a challenge for some farmers”, Mr Sorensen says.

Mr Sorensen has been with the firm since graduating with a Bachelor in Applied Science double majoring in rural valuation and management, and agribusiness from Massey University.


ENDS

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