News

RICS warns valuers of 'potential for significant changes' in retail property values

By 2019-01-20T13:02:00

Shopping centre

Source: Shutterstock/ Dmitrijs Dmitrijevs

The RICS has warned valuers to be aware of “the potential for significant changes in value” in the retail property market.

The industry body has issued a ‘valuation notification’ to warn of structural change in the market and advise valuers to “reference the widest range of evidence available including relevant market analysis and commentary”.

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