New Mortgage Bailout Act Lacking in Adequate Property Valuation Standards

These appointments are hot on the heels of the recent appointment of Mark Poyner as Head of Retail who joined Knight Frank at the end of September from Prudential Property Investment Managers Ltd.

Alistair Elliott, head of commercial, Knight Frank said: “These appointments continue our strategy of increasing and strengthening our UK retail service line. Coupled with our established team, we now have the resources to deal with the full breadth of clients in this sector, acknowledging that many have been seeking greater depth to our business in this area. I am confident we are able to provide them with the services they require and have no doubt that under Mark’s expert guidance, the Retail team will continue to grow and achieve excellent results.”

Mark Poyner, head of retail, Knight Frank said: “I am delighted that these guys are joining the team. They each bring an excellent track record and experience which serve to further bolster the team.” Knight Frank’s Retail team in London now totals seven partners. Further appointments will be announced shortly.

One of the most eagerly awaited commercial Value The Property of 2006 has just been completed. Dartmoor Wildlife Park, a 30-acre property in the heart of the South Hams countryside, complete with around 400 exotic animals, was sold this week Knight Frank’s Hotels division in Exeter with a guide price of £1,250,000.

The Park is now to be a family business after being bought by the Mee family. Consisting of ‘Mamma’ Mee, her daughter, two sons and their families, they already have an interesting and intriguing animal background.

Benjamin Mee holds a degree in psychology and specialises in animal behaviour. He has spent the last ten years studying the topic. His current project looks into the complex subject of animal humour. His brother, Duncan Mee, gave his two daughters Giant African Breeding Snails after they requested a cat. Unable until now to home any truly exotic animals, they have more than made up for it.

The family intend to continue the Park as a family run business and hope only to make a few minor adjustments and gentle refurbishments to restore the park to it’s original state. Many of the enclosures will have some maintenance work, as will the restaurant and buildings ready for the opening, which is set to be around Easter time.