14 maart 2012
Activiteiten
RICS - Valuation Conference in Brussels
Datum: donderdag 28 oktober 2010 12:00 - 19:00
Locatie: Crowne Plaza Brussels
Property Valuation in a Volatile Market
Accuracy & Reliability
28 October 2010, Brussels
- draft programme –
Location: Crowne Plaza Hotel; Rue de la Loi 107 ; Brussels (Map)
Participation fee: RICS and RES members (CPD event): €50 / Non-members: €100
Contact: Sander Scheurwater – euaffairs@rics.org
12:00 Lunch & registration
13:00 Opening session
Robert Peto FRICS; RICS President, DTZ Vice Chairman Capital Markets
Luciano Capaldo FRICS; Chairman RICS Europe
13:30 Panel I – key role of valuation in ensuring financial stability
History has shown that failure to understand the value of underlying assets can have severe global consequences not only for investors and shareholders but also for the public at large. As up to date valuation underpins financial decisions and forms the basis of a range of market activities, it is important that valuation is recognised as a coherent and skilled profession. This panel session will look at the range and breadth of the global valuation profession and understand how it can ensure it is fit for the future.
Moderator: Luciano Capaldo FRICS
14:30 Coffee Break
15:00 Panel II – consistency and accuracy in valuations
Fair value, market value, long term economic value, investment value and worth are just some of the many definitions that are often confused. Valuers are having to rise to the challenge in understanding and reporting these concepts clearly. However there is still a lack of consistency and inevitably this affects investor and public confidence in valuations. The recent paralysis of global capital markets and the growing importance of revaluation for financial reporting have brought international standards in valuation into the spotlight over recent years. This is a chance for leading experts to bring some clarity and explain current developments in the development valuation standards globally.
Moderator: Robert Peto FRICS
16:00 Panel III – green values – sustainability and its impact on
property valuation
Consider the following potential consequences that could affect a property’s value:
- More extreme weather patterns, leading to a need for buildings to be more able to withstand e.g. hurricanes and for better storm water run-off provision to prevent or minimize localized flooding (particularly in river basins)
- Rising sea levels, leading to risk of flooding in low lying areas
- Increased temperatures in some areas, changing the overall economic potential of some countries and leading to a greater need for climate control in buildings (particularly high rise city centre buildings)
- With buildings responsible for 40% of overall greenhouse gas emissions in Europe, EU decision makers have declared improving building performance a priority policy area. (e.g. with the recently revised Energy Performance of Buildings Directive)
On this backdrop how is a property’s value affected by shifting market attitudes to climate change and new environmental regulation? Are valuers leaders or followers? Do we need to look at new models of risk assessment and valuation reporting?
Moderator: Luay Al-Khatib
17:00 Closing statement by Robert Peto FRICS
17:15 Drinks reception
Agenda in pdf available here