Valuation basis queried

Valuation basis queried - 1993 - CSW - The Property Week 42(9) 4 March 1993, 8(1) .

The RICS valuation rules have been described as having `no logical or commercial validity` by the chairman of Transatlantic Holdings whose subsidiary, Capital & Counties, owns Thurrock Lakeside shopping centre; he claims it would have a higher value if it were valued on the same basis as high street shops.


ASSET VALUATION
CAPCO
RICS APPRAISAL AND VALUATION MANUAL
SHOPPING CENTRES
VALUATION METHODS