Tim Chapman FRICS is a Managing Director at Hickman Shearer who provide capital asset valuation, management and sales across Europe working with many different equipment lessors. Having enjoyed 15 years in the machinery & equipment auction and valuation business he left the industry and gained an MSc is Sustainable Design from Cranfield University subsequently working in a sustainability consulting role within industry. He returned to valuation in 2010 joining KPMG as the Director responsible for EMEA capital asset valuation. He has published articles on the potential proliferation of stranded assets and the resulting impact on capital asset balance sheet values as a result of climate change. Recently, he also worked with lessors in identifying and valuing ‘green assets’ and the benefits and challenges in building a circular economy for different categories of capital assets. In 2021 he worked with lessors and the insolvency practitioners in unravelling the Arena Television asset fraud.