Final Cards Flashcards
(6 cards)
1
Q
When was the pereira gray review commissioned
A
2021
2
Q
Who commissioned the pereira gray review
A
Standards and regulation board
3
Q
What was the review
A
RICS indented review of real estate investment valuations
4
Q
What were the outcomes of the pereira gray review
A
- Governance arrangements for high risk and regulated valuations
- Separation of valuation and advisory services within firms
- Time specific rotation for valuers
- Developing valuation compliance officer within firms
- Valuation audit trails
- DCF as the principle model in property investment valuations
- Post qualification requirements and re validation
- Set clear expectations regarding culture and behaviour
- Promote diversity
- Improve knowledge of advanced analysis techniques
5
Q
Sustainability - rics guidance
A
Professional standard - sustainability and ESG in commercial property valuation and strategic advice 2021
6
Q
Global red book section relating to sustainability
A
VPGA 8 - inspection and investigation and sustainability considerations
