RICS Draft Professional Standard: Valuation of medical centre and surgery premises 3rd edition (Record no. 121991)

MARC details
000 -LEADER
fixed length control field 02742nam a22002777a 4500
001 - CONTROL NUMBER
control field 121991
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 240904t2024 xxk|||||o|||| 00| 0 eng d
041 ## - LANGUAGE CODE
Language code of text/sound track or separate title eng
110 ## - MAIN ENTRY--CORPORATE NAME
Corporate author Royal Institution of Chartered Surveyors
245 ## - TITLE STATEMENT
Title RICS Draft Professional Standard: Valuation of medical centre and surgery premises 3rd edition
Subtitle a consultation
Medium [Electronic resource]
260 ## - PUBLICATION INFORMATION
Place of publication London,
Publisher Royal Institution of Chartered Surveyors,
Date 2 September 2024
300 ## - PHYSICAL DESCRIPTION
Physical description 30p.
490 ## - SERIES TITLE
Series statement RICS Consultation
500 ## - GENERAL NOTE
General note Following review of the consultation materials the 3rd edition was published May 2025 ISBN 9781783215423
520 ## - ABSTRACT
Abstract GP medical centres are primary care facilities that provide a range of health services to local communities, such as general practice, pharmacy, dentistry, physiotherapy, and minor surgery. They are typically leased to the NHS or GP partnerships on long-term contracts, with rent reviews linked to inflation or market value.<br/><br/>The UK GP medical centre property market is a niche sector that also offers attractive opportunities for investors who are looking for stable, long-term returns. According to agents, there are over 8,000 GP medical centres in the UK, with a total value of around £12 billion. As a result, GP medical centres have become an attractive asset class for investors who are looking for stable, long-term returns with low risk.<br/><br/>The demand for GP medical centres is expected to increase in the future, as the population ages and requires more health care services. The NHS Long Term Plan also emphasises the need for more investment in primary care infrastructure, to improve access, quality, and efficiency of care.<br/><br/>The medical market is a changing one. UK regulation relating to the operation of medical premises and way the health market operates has evolved since 2010 (when RICS last issued valuation guidance in this sector), which some argue has been further escalated by COVID-19. The subject professional standard is relied upon by numerous public stakeholders and therefore needs to be fully up to date.<br/><br/>Consultation opened 2 September 2024 closes 4 October 2024. <br/>
650 ## - KEYWORDS
Keywords HOSPITALS
650 ## - KEYWORDS
Keywords MEDICAL CENTRES
650 ## - KEYWORDS
Keywords SURGERIES
650 ## - KEYWORDS
Keywords VALUATION
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name England
690 ## - BROAD SUBJECT
Broad subject Valuation
9 (RLIN) 6273
710 ## - ADDED CORPORATE NAME
Added corporate author Royal Institution of Chartered Surveyors
856 ## - ONLINE RESOURCE
Uniform Resource Identifier <a href="https://consultations.rics.org/gf2.ti/f/1659906/220137029.1/PDF/-/Valuation%20of%20medical%20centres%20and%20surgery%20premises_clean%20for%20consultation.pdf">https://consultations.rics.org/gf2.ti/f/1659906/220137029.1/PDF/-/Valuation%20of%20medical%20centres%20and%20surgery%20premises_clean%20for%20consultation.pdf</a>
Public note View the consultation document on RICS.org
856 ## - ONLINE RESOURCE
Uniform Resource Identifier <a href="https://consultations.rics.org/valuationofmedicalcentres/consultationHome">https://consultations.rics.org/valuationofmedicalcentres/consultationHome</a>
Public note View the RICS iConsult homepage on medical centres
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Suppress in OPAC Do not suppress in OPAC
Holdings
Lost status Damaged status Not for loan Current library Shelving location Date acquired Total Checkouts Full call number Date last seen Price effective from Koha item type
      Virtual Online 04/09/2024   iConsult 04/09/2024 04/09/2024 Online material