The Malta Bankers’ Association (MBA) and Archi+, in collaboration with il-Kamra tal-Periti (KTP) are organising a half-day workshop titled “Property Valuation: A Practical Approach”.
The event, which is a first for Malta, will be held on 18th April 2023 at The Notch Conference Centre in San Ġwann, and is supported by Bank of Valletta (BOV).
The workshop will focus on the differences between property market value and prudent value. These two notions will be explained, and insights will be given by Nick French, a leading valuation academic from the UK. He will provide information on the recent international developments on property valuation.
Valuation is the cornerstone of all real estate decisions, and the workshop will provide essential insights into the role of valuations in property investment and the importance of pricing to the market. Amongst the topics that it will focus on are the concepts and definitions of price, worth and value; valuations for secured lending: Basel III guidance and prudent value developments; valuation approaches, methods and models applied to real estate pricing; market approach: the relationship between market maturity and reliable comparable evidence; as well as the need to place valuations in the context of the market.
The workshop will kick off with an opening address by MBA Chair Marcel Cassar. He will be followed by a number of presentations by Prof. French on the aforementioned topics.
The event will also feature a panel discussion on the theme of “Valuation and Market Pricing”, which will be moderated by Justin Mizzi, a property valuation expert at Archi+. The pandel will include Prof. French, Denis Camilleri from DHI Periti, BOV’s Glynn Drago, as well as Alan Cassar from the Central Bank of Malta. The event will come to a close with a speech by KTP President Andre Pizzuto.
Prof. French is a recognised expert in property valuation, investment and appraisal. Previously, he has worked as a Professor at various universities in the UK, Europe, and the USA, teaching extensively in the areas of valuation, investment, and corporate real estate on Bachelor of Science, Master of Science, and Master of Business Administration programmes. He is a Member of the Royal Institution of Chartered Surveyors (RICS) and, in spring 2021, was appointed as Chair of the RICS Global Valuation Standards Expert Working Group. He was also a Member of the Professional Board of the International Valuation Standards Council (IVSC).
In 2018, he set up Real Estate Valuation Theurgy, a vehicle that allows him to continue writing papers, presenting conference papers, and working with the real estate profession at home and abroad. In the same year, he was awarded a Lifetime Achievement Award by the International Real Estate Society. He is also the Editor of award-winning academic international real estate industry journal, Journal of Property Investment & Finance.
The event starts at 8.30am and ends at 1pm. For more information and to register for the workshop, click here.