Document downloads - Insights
The aim of this insight paper is to provide valuers and other interested stakeholders with an overview of the impact of energy efficiency on the value of residential property in Europe, whether that housing stock is owner-occupied, rented within the private sector or social housing.
It considers the role of the valuer and how, through their data collection and reporting processes, they can play a part in promoting a more energy efficient housing stock.
To achieve these aims, it reviews the context within which energy efficiency is rising up the European regulatory agenda and the impact that this is having on value drivers.
The MSCI Real Estate Valuation and sale price study has been running for over 20 years. This study is an important measure for the investment valuation community and contributes to the transparency and integrity of the marketplace. Valuations are key to performance measurement and pricing in the property industry.
This report compares data from the 2017 MSCI UK Annual Property Index against the sale prices of UK commercial property. It analyses the performance of the valuation profession in the UK property market by tracking the difference between valuations of real estate against actual sales.
This report addresses two key questions in the UK market:
1. How much do sale prices differ from previous valuations?
2. Are differences random or were sale prices consistently above or below the latest valuation?
The urban environment has long been recognised as a crucial to human health, but the last few years have seen a marked growth in the health and well-being agenda. This insight paper recognises the major contribution property professionals can make in establishing healthy, liveable places for all.
As the property industry adapts to the realities of a digital world dominated by cloud computing and artificial intelligence (AI), the amount of available data concerning real estate is increasing exponentially. Data concerns almost every aspect of the built environment: from how we use and interact with properties as individuals and businesses, through to how a building's energy consumption and construction details are being recorded and analysed to help surveyors, asset managers, building managers, developers and investors make informed decisions about real estate processes.
The industry appears to be at a tipping point, with chartered surveyors and other property professionals having to use skills beyond the traditional surveying competencies. Data analysis is one such area that is growing in importance. It is no longer enough simply to possess data; the value lies in being able to use it.
This paper aims to discuss the benefits of and challenges to an increasing use of data in the commercial property market. It considers not only its availability and quality but also the skills needed by surveyors to recognise its uses and maximise the value in analysing it. The paper deals with the ownership of data, its security and regulation and also makes predictions and recommendations for the future of a property world full of accurate, easily available data.
This insight paper aims to identify different national housing models across Asia for delivering affordable housing, in order to see what lessons may be transferable. It raises questions about acceptable standards of affordable housing for different socioeconomic conditions, including tenure security, construction standards and environmental/space standards.
This insight paper discusses the opportunities, rapidly developing applications and compliance challenges of using drones in a surveying environment, particularly in light of recent high-profile cases of misuse. The insight paper also highlights the fast-moving national and international regulatory issues impacting the technology's integration into widespread use in the land, property and construction sectors.
Flexible workspace is real estate space of varying size provided for business or institutional purposes for varying periods of time, usually for shorter periods and with more inclusive benefits than a traditional lease.
While the concept of flexible workspace has been around for a century or more, in recent years it has moved from a niche part of the office space market to become a dominant sub-sector of the market. As such, there is greater interest than ever before in appropriate ways to conduct valuations of properties that provide flexible workspace.
This insight paper includes insights and reflections from key players and commentators in the flexible workspace market. These include some of the largest operators, brokers, lenders and providers of valuation services in the world, as well as smaller regional stakeholders. It has been compiled and edited to develop and enhance the understanding of this market for the benefit of the wider flexible workspace industry, reaching beyond the needs of valuers and other real estate professionals to all stakeholders, including those with no technical expertise.
This insight paper considers the potential disruptive impact of big data and digital technologies on traditional surveying practice. Some of our professionals are directly engaged with the area on a day-to-day basis as data generators. Their industries have always had a strong technical basis and have been closely involved in the sector’s technological developments. Others rely on large databases and big data as users of other people’s content, and so approach this world from a different perspective. Some professionals may seem to be less directly impacted, nevertheless their sectors are steadily being transformed, even as their private practice appears to remain the same.
It is fair to say that no part of surveying practice will remain untouched by the impact of big data and digital technologies. This will be either through proactive adoption of new digitally based approaches to our work; being led by client demand to deliver these services; or being forced
by digitally enabled competition from existing providers and new entrants.