Gregory Preston AM
Chair & Managing Director
Investment Valuation and Capital Market Advisory
B.Comm., MAppFin, Ass. Dip. Val., LFAPI, FRICS, GAICD
Biography
Gregory Preston AM is Chair of Preston Rowe Paterson Australasia Pty Ltd and Managing Director of Investment Valuation & Capital Markets Advisory at Preston Rowe Paterson Sydney, bringing more than 40 years of experience across real estate valuation, advisory, asset management and capital markets.
Gregory heads up the firm’s client and business development for REIT, fund, corporate and institutional markets. He is widely recognised as one of Australia’s most experienced valuation and property advisory professionals, with a career spanning institutional investment property, major development projects and complex infrastructure assets.
Gregory’s professional experience covers all major real estate classes, including commercial office, industrial, retail shops and shopping centres, hotel and leisure assets (including business and resort accommodation hotels, pubs and motels), and large scale residential developments. In addition to traditional real estate, he has acted extensively in the valuation and advisory of major infrastructure assets, including airports, maritime and shipping ports and other strategic infrastructure investments and developments.
Throughout his career, Gregory has advised a broad client base comprising institutional investors, corporates, government agencies, Real Estate Investment Trusts (REITs) and banking institutions. His work includes both existing income producing assets and future development projects, often involving complex feasibility analysis, cash flow modelling and capital structuring considerations. He is particularly experienced in acquisition strategy, due diligence, negotiation and investment decision support in competitive and highly regulated market environments.
Gregory leads Preston Rowe Paterson Sydney’s investment valuation and capital markets advisory capability, with specialist expertise in investment and development valuations, real estate capital markets advice and strategic corporate real estate occupation analysis. His advisory work frequently intersects with broader asset and facilities management strategy, portfolio optimisation and long term capital planning for major property owners and occupiers.
In addition to his advisory practice, Gregory is regularly engaged as an expert witness in major property and infrastructure matters, including complex litigation and compulsory acquisition proceedings. He is experienced in providing independent expert evidence in court and tribunal settings, drawing on deep market knowledge, rigorous valuation methodology and a strong understanding of statutory and commercial frameworks.
As Chair and Managing Director, Gregory has long standing responsibility for corporate governance, strategic planning, risk management and professional standards within Preston Rowe Paterson Sydney. His role encompasses board level decision making, oversight of complex advisory engagements, and stewardship of independence and probity across valuation and capital markets assignments.
Gregory is a member of the Australian Institute of Company Directors, reflecting formal training and experience in contemporary governance principles (Company Directors Course and Boardroom Mastery Course), director duties and board oversight. His advisory work regularly involves direct engagement with boards, executive teams and investment committees of institutional investors, corporate and government entities, where he provides independent, commercially focused advice to support strategic and capital allocation decisions. Greg has been previously been NSW State President and Australian President of the Australian Property Institute (API) and is the current President of the Property Funds Association of Australia.
Gregory holds a Bachelor of Commerce (majoring in Land Economics) and a Master of Applied Finance (majoring in Investment Management), along with formal qualifications in real estate valuation and practice. He is a Life Fellow of the Australian Property Institute and a Fellow of the Royal Institution of Chartered Surveyors, and is a member of the Australian Institute of Company Directors. His professional standing reflects a long standing commitment to technical excellence, professional independence and leadership within the Australian property and valuation industry.
Key Expertise
- Valuations of complex investment and development real estates and infrastructure
- Asset valuation for financial reporting
- Valuation of leasehold interests
- Expert witness in major property and infrastructure matters
- Corporate governance
- Investment committees
- Valuation and accounting standards