National independent property valuation firm M3 Property has announced the appointment of Penny Davidson as Director - Specialised Assets, Hotel & Leisure, based in NSW from April 7, 2025. With over 11 years of experience in the residential living sector across Australia and the UK, Penny has a background specialising in the valuation of assets within the Build to Rent (BTR), Co-Living, and Purpose-Built Student Accommodation (PBSA) sectors and has worked globally for some of the biggest property firms.

“We are excited to welcome Penny to our national specialised assets team as a valuation expert, bolstering our capabilities in the hotels and residential living sectors,” said James Ruben, National Director, Specialised Assets, Hotels & Leisure at M3 Property.

“Penny brings a wealth of experience in her recent senior roles in London and Australia, having overseen a team of valuers working in the residential living sector. She is a highly valued addition to our current national leadership team,” said Mr Ruben.

Having provided strategic valuation advice to a diverse client base, including leading banks, institutions, funds, developers and property companies, Penny Davidson is also a Member of the Royal Institution of Chartered Surveyors (MRICS), a RICS Registered Valuer, and an Associate Member of the Australian Property Institute (AAPI) – CPV.

M3 Property’s national Specialised Assets team, led by James Ruben, National Director; Antony Schober, Director; Jeremy Hoffman, Director; Brett Baxter, Associate Director; and now Penny Davidson, Director; provides comprehensive valuations for financiers and industry participants, from due diligence and acquisition to financial reporting, asset disposal, development feasibility analysis and more. The team specialises in a broad range of industries and asset classes, including childcare, service stations, self-storage, student accommodation, hotels, motels and hostels, car parking facilities, resorts and marinas, caravan parks, schools, airports and pubs.

The announcement follows the recent appointments by M3 Property of Edward Hine as Director of Commercial in NSW, Richard Ong as Head of Property Risk, and Anthony Schober as Director of Hotels & Leisure in Victoria.

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