6 CPD hours
Course Code: T913
PROPERTY INVESTMENT APPRAISALS AND ANALYSIS
Thursday, 4 September
An essential insight into the role of valuations in property investment, including a discussion of the role of property as an investment. The day also provides an opportunity for delegates to undertake an appraisal based on their own perceptions of risk and market growth. A bespoke Excel spreadsheet will be provided to all delegates as an educational aid.
The course will cover:
• Definitions of price, value and worth and the distinction between price paid and investment value
• A discussion of valuation models that will highlight the distinction between discounted cash flow (DCF) and conventional valuation techniques
• Issues relating to expectations and forecasts. Accounting for rental and capital growth
• How to account for risk and uncertainty
• Issues affecting performance measurement of property
This course will be of benefit to both valuers and non-valuers who use commercial property valuations as part of their decision-making process for investment.
COURSE DIRECTOR:
Nick French, Professor in Real Estate & DTZ Fellow in Commercial Property, Oxford Brookes University