IDEAS home Printed from https://ideas.repec.org/a/aza/jbsav0/y2022v10i4p382-395.html
   My bibliography  Save this article

The impact of COVID-19 on valuers and commercial real estate valuation

Author

Listed:
  • Golding, Charles

    (RICS, UK)

Abstract

The COVID-19 pandemic has provided the biggest recent test of the valuation profession and valuation standards, notably ‘RICS Global Standards — Valuation “Red Book”’ (‘Red Book Global’). Many positive lessons have been learnt from the crisis, the principal one being for valuers to be prepared for changing valuation practice in the light of severe market challenges, while still adhering to valuation standards requiring the provision of accurate, objective and evidenced advice. The demand for explicit valuation techniques and a comprehensive rationale, increased automation and digitisation, with more demanding governance is unlikely to be reversed following the initial impact of COVID-19. This paper analyses how valuers will continue to rise to these challenges.

Suggested Citation

  • Golding, Charles, 2022. "The impact of COVID-19 on valuers and commercial real estate valuation," Journal of Building Survey, Appraisal & Valuation, Henry Stewart Publications, vol. 10(4), pages 382-395, March.
    • Handle: RePEc:aza:jbsav0:y:2022:v:10:i:4:p:382-395
    as

    Download full text from publisher

    File URL: https://hstalks.com/article/6920/download/
    Download Restriction: Requires a paid subscription for full access.
    File URL: https://hstalks.com/article/6920/
    Download Restriction: Requires a paid subscription for full access.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    valuation; commercial property; COVID-19; investment; standards;
    All these keywords.

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aza:jbsav0:y:2022:v:10:i:4:p:382-395. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Henry Stewart Talks (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.