Market transparency determines the relative usefulness of different types of data. The application, veracity and appropriateness of comparable data are not universal. Property valuation is deceptively complex; its appearance of simplicity belies the requisite skills and knowledge of the valuer for understanding the property market. As I wrote previously, comparison is the linchpin of all […]
Ordinary valuation methods prove inaccurate when the measures they’re based on are in such a state of flux – it’s time to turn to a different methodology. In ordinary circumstances (anyone remember those halcyon days of steady state equilibrium?) the task of valuing a REIT was relatively straightforward. All that was required was a forecast […]
Retailing is going through a structural change and asset values are tumbling as the effect of falling rents and a lack of investment appetite feeds through to the market value of the properties. The impact of the covid restrictions has been to accelerate these changes but also to disguise the positives that the new retailing […]
