16 November 2022. The South African Institute of Valuers (SAIV) hosted the Berg Seminar at the Cathedral Peak Hotel on 28 – 29 October 2022. The place was abuzz as the delegates arrived in anticipation of a great speaker line-up and an exciting programme outlined with presentations, panel discussions, entertainment and engaging networking sessions
Written by: Jenny Falck Even though the property valuation profession in South Africa has a much larger profile than, say, 20 years ago, there are still many myths and uncertainties surrounding the profession, the environment in which it operates and the reasons for its existence. It is therefore essential that the What, Why, Who and
SAIV Past President, Patrick O'Connell is featured in the latest issue of Asset Magazine, where he touches on a number of issues including retail constraints, investor concerns, office vacancies and outlook for 2023. When Asset last spoke to Patrick O'Connell, CEO of Spectrum Valuations & Asset Solutions, in October 2021, the country was anticipating
Written by: Dave Furness In this article, we look at an example of the multiple value-attributing factors when determining the value of a property. A property is purchased at a price/value determined to have a market value of R2,000,000; it has also been determined that the escalation in values and prices achieved in the
The Office of the Valuer-General (OVG) has appointed Urban-Econ to conduct a study of the impact of the Property Valuation Act on the land reform programme in South Africa. MetGovis is sub-contracted to provide the valuer's perspective. The Office of the Valuer-General was established in terms of the Property Valuation Act (Act no. 17
Penny Lindstrom has been a force to reckon with! It’s hard to pay homage to someone who has over 50 years of service within the valuation profession. Perhaps the difficulty lies in the realization that there are no perfect words to sum up the wealth of experience, knowledge and accolades that are attached to
THE VALUATION OF GAME / WILDLIFE FARMS Game / wildlife farms become ever more popular as the challenges of profitability in the agricultural sector increase. In 2000 there were already 9 000 game ranches in South Africa that covered 13% of the country’s total land area, compared to 5% for all national parks (Falkena,
The South African Institute of Valuers (SAIV) kicked off the SAIV Northern Branch Physical Seminar at the Midrand Conference Centre on Friday, 23 September 2022. Taking place over two days, this was the first in-person event hosted by the Northern Branch since 2019. The event featured distinguished speakers presenting topical discussions on the economy
MEET ROBIN MARTEN “...It is my view that IVS (International Valuation Standards) should be at the elbow of every valuer, from those involved in cross-border valuations to those practicing at a local level in small firms.” This was an extract from the pamphlet that I was asked by the International Valuation Standards
Our President, Malusi Mthuli was featured on eNCA The brunt of rolling power cuts is being felt across all sectors. Concerns are been raised about the impact blackouts have on construction and property. Head of FNB's Commercial Property Finance in KZN, Malusi Mthuli discussed this with eNCA's Dan Moyane. Watch and listen to his
