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WHO WE ARE

Hello, is it Forbury you're looking for?

From our base just below the 42nd parallel in Christchurch New Zealand, we’re a software company with big aspirations. Our aha! moment came in the early 2000’s when this guy ⤵️ realised that the proprietary Excel models he’d been building for CRE heavy hitters were in demand with the wider industry.

Steve Surridge

 

Fast forward 20 years 🙀 and Forbury’s products are the industry standard for commercial property valuation in the APAC region, but our original goal hasn’t changed: we make the complex simple.

About Forbury
As you’d expect, we know commercial real estate, financial modelling and Excel inside out. But at the heart of our success is what we call our ‘secret sauce’ – together we’re so much more than the sum of our parts. Meet the team that makes this happen.

Nurturing Connections
We believe that trust is a two-way street and built on the back of our relationship with you. Our long-term customers have all had a share in shaping our product and our aspiration is for this to continue into the future. We obsess over the things that are important to you. We take our work seriously but not ourselves.

Forbury values: Nurturing connections

Where we are heading drives us
Roots are important, and ours are firmly in Excel. In doing so we figured out how to deliver modern cloud-based solutions in an interface everyone can use. We're pushing for growth and we want to take you with us. What's next? We can't wait to show you...

Forbury values: Not standing still
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Behind the Scenes

The Forbury Journey

With deep knowledge across commercial real estate and software development, the Forbury team are perfectly positioned to deliver the products the industry needs.

Bespoke Origins

For 10 years, our founder, Steve Surridge built bespoke proprietary Excel property valuation models for the industry giants in Commercial Real Estate.

Working hand-in-hand with these leaders combined their Commercial Real Estate valuation expertise with best practice financial modelling to calculate all the variables at play.

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Inevitable Evolution

Word spread and demand for the products grew, sparking inspiration for the base models to be aggregated and expanded to fit the wider industry's needs.

As technology capability increased, the licence structure was created, enabling the formation of Forbury.

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Refined in market

As the user base increased, so did the use cases. Known for its comprehensive outputs, reliability and accuracy, Forbury quickly became the industry standard and preferred Commercial Real Estate valuation and investment management tool across Australasia.

For scalability, security and maintenance, the Forbury cloud calculation engine was developed to take the heavy lifting out of Excel. This powerful engine enabled modern software capability and lightning-quick calculations (1.57 seconds on average, to be exact).

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Exponential Growth

As REIT’s, International and Boutique Owners recognised the benefits of using Forbury, the number of customers soared. From this strong foundation, Forbury developed a transactions-focused solution for the UK and Europe, and has been embraced by the industry there. 
With over 600,000 valuation calculations made in Forbury every year, our customer can be confident they've got the industry's best practice all wrapped up in our easy-to-use tools.
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Dynamic Horizons

Our customers are supported by our teams in the UK, AU and NZ.

Working alongside Commercial Real Estate professionals to understand their needs, our passionate team of financial analysts, software developers and industry connectors work hard every day to deliver it.

 

As the industry standard tool in APAC, a solid foundation of loyal customers, the industry standard name in APAC, and a passionate and expert team, our products continue to develop based on our customers’ needs. Their usefulness across the CRE lifecycle means our products are beneficial for owners, valuers and agencies alike. The APAC product suite now offers specialised tools for Commercial, Retail and Portfolio real estate valuations and are deliberate by design.

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