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Implications of valuation methods for the management of property assets

By: Contributor(s): Language: English Series: Property Management ; 16(4) 1998, 198-207(10)Publication details: 1998Subject(s): Summary: Reviews the changing requirements placed on the valuation process and the growing and recognised need for valuers to be cognisant of the difference between the concepts of value-in-exchange (market price valuations) and value-in-use (calculations of worth) and to question the underlying purpose of valuations in the management process. Research work by the authors highlights the difficulties in accommodating these changes in the field of publicly owned leisure properties. (Taken from journal abstract)

Reviews the changing requirements placed on the valuation process and the growing and recognised need for valuers to be cognisant of the difference between the concepts of value-in-exchange (market price valuations) and value-in-use (calculations of worth) and to question the underlying purpose of valuations in the management process. Research work by the authors highlights the difficulties in accommodating these changes in the field of publicly owned leisure properties. (Taken from journal abstract)