RICS is delighted to invite you to a Webinar CPD on Red Book Valuation: Assessing comparable evidence in markets without transparency, which will be held on 7 May 2019.
This Webinar CPD will cover how to assess and derive comparable evidence in markets which have little transparency. We operate in a region where the availability of data has improved but is far from perfect. Often different data sources for the same deal conflict with each other, and the information depends on who you have been able to speak with, rather than a verified data source or publication as we have in European markets. Things have improved in recent years and we work efficiently within these constraints. However, we do have to go beyond to sense check and find comfort in our valuation numbers, especially in areas outside of the main City of Dubai. Let’s discuss these methods, remind ourselves what the hierarchy of evidence looks like, and work towards a more transparent future for all valuers in the region.
- The hierarchy of evidence and how it fits practically in this region
- Sources of information available
- Obtaining the best quality information
- Red Book Requirements
- Appropriate valuation caveats used in this region.
- Analysis techniques that go beyond, to provide a source of reason and comfort
- Methods of valuation where there is little to no data
- Remember to work together to build a more transparent market.
Jenna Kitchingham, Senior Surveyor, CBRE
Kiran Thakur, Associate Director, Valuation & Consultancy Division – CBRE
About the Speakers
Jenna Kitchingham has been in the valuation field since 2004 and brings nearly 15 years’ experience of analysing markets. She has experienced the very peak of the market, to the very depths of the downturn, and with this brings great insight and a lot of experience in both the UK, Europe and the Middle East. Jenna has worked in Valuation from a number of perspectives – consultancy, client-side, feasibility, distressed asset work out, CMBS loans, public sector and more. Companies she has worked for include GVA, Jones Lang LaSalle, Moody’s Investor Services, Standard & Poor’s, Solutus, Brighton & Hove City Council, and CBRE.
Kiran Thakur is an Associate Director within the Valuation & Consultancy Division of CBRE based in Dubai. Kiran has been working in the United Arab Emirates since January 2014, having spent almost four years in the United Kingdom with DTZ. Kiran has eight years of real estate experience, undertaking valuations, advising on occupational strategy and general landlord and tenant matters. She has dealt with a diverse range of properties across the MENA region.
Agenda (UAE Time):
18:00 to 18:30 – Adobe Connect will be open for Audio Testing
18:30 to 19:30 – Presentation
19:30 to 20:00 – Q&A
Do not send payment via bank transfer as this form of payment is no longer acceptable for CPD events.
Please note: We are unable to reserve a place at this event unless payment is made through this secure payment portal.
The presentation will start promptly at 6:30pm. If you have not been signed in by this time (6:30pm), you will not be able to claim your 1.5 CPD hours.
TRN – 100002591400003