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Property Market Analysis In The Valuation Process: A Survey Of Australian Practice, Lynne Armitage, Martin Skitmore
Property Market Analysis In The Valuation Process: A Survey Of Australian Practice, Lynne Armitage, Martin Skitmore
Lynne Armitage
The nature of property valuation/analysis is examined in respect of the property market and, in particular, the extent of property market analysis undertaken by practitioners when carrying out property valuations. An empirical survey is described of a sample of 240 valuers throughout Australia and their practices in valuing investment grade property. It is shown that, although the valuers are fully aware of the need for property market analysis, and collect appropriate data to do the analysis, the analysis itself is seldom conducted in other than a cursory manner.
© Copyright Pacific Rim Property Research Journal, 2003
The Future Of Office Property, Janine Irons, Lynne Armitage
The Future Of Office Property, Janine Irons, Lynne Armitage
Lynne Armitage
The following paper considers the question, where to office property? In doing so, it focuses, in the first instance, on identifying and describing a selection of key forces for change present within the contemporary operating environment in which office property functions. Given the increasingly complex, dynamic and multi-faceted character of this environment, the paper seeks to identify only the primary forces for change, within the context of the future of office property. These core drivers of change have, for the purposes of this discussion, been characterised as including a range of economic, demographic and socio-cultural factors, together with developments in …