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RICS’ valuation change welcome news for London office market


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.”

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Martyn Munford

Head of Valuation - City Office

London - City

Martyn is the Head of Valuations for the City Office, covering City Core, Midtown, Docklands, Southbank, Shoreditch, Clerkenwell and Aldgate markets.

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

He has over 15 years valuation experience and has a detailed knowledge and understanding of the central London markets.

Martyn joined Colliers in February 2018 from CBRE, where he spent 8 years within the Central London Valuation & Advisory team.  Whilst at CBRE he advised on some of the best buildings within the City to include 30 St Mary Axe, EC3; 20 Fenchurch Street, EC3; 10 Upper Bank Street, E14 and 1 & 5 Bank Street, E14.

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

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Kim Inam

PR Manager

London - West End

I have joined Colliers International after working for five years in local authority in-house communications roles, leading media and marketing in the environmental, licensing, regeneration and planning sectors. 

Prior to joining local authorities I worked for eight years' experience in journalism in north London reporting on a wide range of subjects including politics, crime, health and housing. For three and a half years I managed the team of reporters to produce nine weekly newspapers, a  monthly supplement and the newspapers' social media platforms.

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