Skip to main content Skip to footer

RICS’ valuation change welcome news for London office market

130720RICSvaluationchangewelcomenewsforLondonofficemarketHERO

Following the announcement made by the RICS that the Material Valuation Uncertainty Clause could be lifted for London Offices and investment grade student accommodation, Colliers International’s Head of City Valuations Martyn Munford said:


“We have seen some transactions put on hold during the lockdown period across central London, however more recently there has been renewed activity which suggest that there is continued appetite from investors for core central London assets. This change will be welcome news to a number of investors and lenders who have been cautious in their approach over the last few months.” 

He continued: “With companies returning to the office over the coming months we expect deal volumes to increase, particularly given the current low interest rate environment and London’s attractive pricing compared to other global cities.”


Related Experts

Martyn Munford

Co-Head of Central London Valuations

Valuation and Advisory Services

London - City

Martyn is the Co-Head of Central London Valuations. Martyn joined  Colliers in 2018 to set up the City Valuation  team having joined from CBRE.

Martyn provides valuation advice for a variety of purposes including Secured lending, valuations for Accounts and Financial Statements, acquisition and disposal.

He has over 20 years valuation experience and has a detailed knowledge and understanding of the central London markets.

The team value a high proportion of transaction volumns each year for either loan security or acqusition purposes.

View expert

Kim Inam

PR Manager

Marketing & Communications

London - West End

I'm a communications professional who has previously worked as a journalist for eight years covering a broad range of topics including politics, crime, health and housing in north London. In recent years I have worked in corporate communications for local authorities across London  and joined Colliers in October 2019, initially providing maternity leave cover.

I provide strategic public relations advice to various business lines within the UK organisation to secure recognition for their work in the property press as well as key target media, and work with our experts to produce thought leadership pieces which are of interest to our clients and colleagues within the commercial real estate sector. In addition, alongside colleagues in the PR and wider communications team, I provide media and social media training for our in-house experts to prepare them for media opportunities and raise their personal brand within the sector.

As well as supporting various teams within the UK business, I also I curate and edit regular content for the Colliers.com blog, which drives credible business leads to our experts.

 

View expert