Specialized Valuations – Cell Phone Masts, Advertising Boards, Air Rights and Wayleaves

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Presentation by:

Abedinego Musanje – Valuation of airspace rights & wayleaves

Juan Hattingh – Valuation of cellphone masts and advertising boards

CET:

In order to obtain your 2 CET points please complete the quiz below.

Please note: You will have 3 attempts to obtain a score of 80% to pass the quiz and be awarded your CET points.

Specialized Valuations - Cell Phone Masts, Advertising Boards, Air Rights and Wayleaves

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1 / 10

1 Which methods can be used for valuation of Air Space Rights?

i. Market Approach Method
ii. Residual Valuation Method
iii. Income Cap Method

2 / 10

2 True or False, a Wayleave agreement is a real right?

3 / 10

3 True or False, air space development rights can be sold?

4 / 10

4 True or False, the Market approach/comparable rental method is used to determine Wayleave rentals?

5 / 10

5 True or false, a Wayleave can be registered at the Deeds office?

6 / 10

6 True or False, Income Cap, DCF & Term Cap are the 3 methods of valuations to consider when valuing billboards/towers for rental space?

7 / 10

7 What 3 things might you need in order to get approval for a site?

i. Title deeds
ii. Owner’s permissions
iii. EIA

8 / 10

8 Are lease calculations worked out between;

a. the landowner and tower owner
or
b. the tower owner and the advertisers

9 / 10

9 True or False, the process to get permission for a tower/ billboard site is quick and easy?

10 / 10

10 True or False, you need approval for towers/ billboards anywhere in South Africa?

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