Overview of Rode’s Property Valuations
As one of South Africa’s large valuation firms, Rode annually values properties with a total market value of more than R11 billion (about $600 million US). These properties include shopping centres, agricultural property, houses, non-residential property and bare dominiums.
Using scientific methods instead of forecasting
Rode’s property valuation services are underpinned by the rigorous surveying of market rental levels and capitalization rates to ensure uniform and realistic market valuations in South Africa. The results of these surveys are published in three research journals which include Rode’s Report – used as a key reference source by property practitioners.
Rode’s valuation approach largely avoids forecasting and subjectivity by using capitalization-rate estimates based on regression models and techniques, and the opportunity cash flow (OCF) method. It thus combines discounting and capitalization.
Portfolio of valuation services:
Complaints Handling Policy and Procedure:
Analyses and reports on most sectors of the property market in the major, and some secondary, cities in South Africa. It covers, inter alia, trends and levels of rentals and standard capitalization rates by property type, grade, node/township, the listed real estate market, and building construction costs and building activity.
The Rode’s Retail Report on South Africa reports on the state of the retail property market by analyzing the most recent sales and trading-density statistics.
Retail property information includes street-front shop rentals per m² by size for about 120 street-front micro-locations in six metropolitan areas.
Trends is aimed at general management — where strategic decisions are taken — and property investment analysts who are involved in asset allocation and viability studies. Valuers who use forecasting in their valuation method would also find it indispensable. It is a unique, statistically-based analysis and forecast of all key indicators affecting the property market and property investment – over the next 5 years.
Use Rode’s reliable historical data to substantiate your research, strategic decision-making and presentations. This electronic database provides on-line access to more than 2.000 property-related time series. The time series includes key property time series like capitalization and escalation rates, residential and non-residential rentals and market values for industrial stands.
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