Examples of Property Valuer in a sentence
The Group has elected to use the fair value model and therefore investment properties are initially recognised at cost then revalued to fair value at the reporting date by an Independent Property Valuer.
The Company has elected to use the fair value model and therefore investment properties are initially recognised at cost then revalued to fair value at the reporting date by an Independent Property Valuer.
To the best of the Directors’ knowledge, the Property Valuer and its ultimate beneficial owner(s) are third parties independent of the Company and its connected persons.
We have further discussed with the Property Valuer on the valuation methodology applied, and reviewed the comparables provided by the Property Valuer, we note that the Property Valuer has identified and analyzed various relevant sales evidences in the locality, which have similar characteristics as the subject land, such as nature, use, site area, layout and accessibility of the land.
In addition to its valuation, the relevant Property Valuer shall within four to six weeks of the acquisition date or as at the relevant Valuation Point, as the case may be, issue a signed and dated valuation report in connection with the Property containing such supporting or supplementary documentation or information as the AIFM (or its duly appointed competent person) and the Property Valuer may from time to time agree.