Valuation practice alert - COVID-19

Updated 14 September 2020

This update contains the following changes:

• Suggested amendments to market conditions explanatory note and material uncertainty declaration wording for the valuation of single assets, portfolios or groups of properties.
• A revised practice alert supplement including further details on the above and examples.

The supplement to this global practice alert is available to download below. RICS regulated members are advised to read this in conjunction with this practice alert.

Η πανδημία αλλάζει τις τιμές των ενοικίων

Νέα δεδομένα στην ζήτηση διαμερισμάτων λόγω αριθμού ξένων φοιτητών και ακυρώσεων στα Airbnb

Όλα τριγύρω αλλάζουνε και όλα τα ίδια μένουν (;)

Ίσως τα απρόβλεπτα γεγονότα με τον ιό και την πανδημία απλά να μίκρυναν τον υφιστάμενο κύκλο των ακινήτων κατά ένα ίσως και δύο χρόνια.

IVSC statement regarding valuation and the current challenges posed by the COVID-19 pandemic.

We are living through one of the most challenging and uncertain times in recent history.  As the global Covid-19 pandemic advances, governments, scientists, healthcare providers, businesses and the public at large are having to respond in real time to new and often untested information and advice.  The challenges ahead apply to every aspect of society.