000 01469cab a2200193 4500
001 L129913
008 050603n2005 000 0 eng u
035 _a(Sirsi) u129913
041 _aeng
100 _aAdair, Alastair
245 4 _aThe reporting of risk in real estate appraisal property risk scoring
260 _c2005
490 _aJournal of Property Investment and Finance
_v23(3) 2005, 254-268(15)
520 _aAims to examine financial risk management within investment decision-making and the property industry, drawing on recent findings. Also to present an alternative paradigm for the reporting of risk based on techniques used within business applications. In particular it applies a standard credit-rating technique based on the D and B model, to report the level of risk within property pricing/property risk scoring. The UK valuation profession has been criticised for inconsistencies and failures to reflect risk and uncertainty in certain valuation assignments, such as the pricing of urban regeneration land. The IPF/IPD have also concluded that a new approach is needed which combines conventional analysis of returns uncertainty with a more comprehensive survey of business risks. This area has also been highlighted by the Carsberg Report (L129322). [Taken from journal abstract.]
590 _aIKA070605
690 _aPROPERTY-PROPERTY FINANCE AND INVESTMENT-PROPERTY INVESTMENT MANAGEMENT
700 _aHutchison, Norman
942 _n0
999 _c75343
_d75343