1 March Euston Square, London 08:30 Registration and refreshments. Morning Plenary sessions

Transcription

1 RICS Valuation 2018 The latest updates and technical guidance in the commercial property, machinery and business assets, trade related property, business valuation and arts & antiques group 1 March Euston Square, London 08:30 Registration and refreshments Morning Plenary sessions 09:20 Chair s opening address 09:25 Opening address John Hughes, President, RICS 09:35 Economic update and investment in the UK market UK economic performance Implications for domestic real estate The European Context as Brexit nears Simon Rubinsohn, Chief Economist, RICS 10:15 Risk, Liability and Insurance in Valuation Update to the RICS PII guidance note Key risks and liabilities in valuation Valuation legal updates Case studies Tom White, Partner, Clyde & Co 10:55 Refreshment break 11:25 Changes to the Red Book Latest changes to the Red Book New structure for the Red Book UK National Chapter UK scope, exceptions and departures UK application of Valuation Practice Statements 1 & 2 12:05 Panel discussion: Human v/s machine The future of valuation technology How far can technology replace valuation? Red Book implications Panellists: Peter Parson, Senior Director, CBRE (panel moderator) James Smith, Senior Portfolio Surveyor, Aviva Investors Dan Benton, Product Manager, EG valuations360

2 13:05 Lunch The 5 streams below will take place at the same time. Delegates choose either between breakouts 1, 2, 3, 4 or 5 depending on their specialism. Breakout 1: Real Estate Chair: Peter Parson, Senior Director, CBRE 14:05 DRC Valuation in the public sector Application of DRC to public sector assets Guidance on different types of public sector assets Key considerations Graham Stalker, Head of PS Professional Guidance, VOA 14:45 Minimum Energy Efficiency Standards and impact on valuation RICS guidance Effects on commercial property values Update on the ReValue and EeMAP ( Energy Efficiency Mortgage Action Plan) projects Sarah Sayce, Professor, University of Reading and Visiting Professor, Royal Agricultural University 15:55 European bank lending valuations and mortgage lending value Principles for producing Mortgage Lending Value Concept of sustainable and long-term value Role of RICS Valuer Neil Crosby, Professor of Real Estate, University of Reading 16:35 Valuing Build to Rent properties Market context Information required by the valuer Valuation approaches Assumptions and considerations Jason Hardman, Executive Director, CBRE Breakout 2: Machinery and Business Assets Chair: Ian Maycock, Director, Charterfields and Chair of RICS Machinery and Business Assets Professional Group 14:05 General Data Protection Regulation Do companies need to be compliant with GDPR? Providing transparency and accountability Key need to know

3 Dave Ramsey, Director of Data Standards, RICS 14:45 Surveying the sea Update on yacht and commercial ship market What does it take to be a maritime valuer? Importance of professional valuations Case study Captain Ed Geary, Expert in Admiralty and Maritime, Geary International Ltd 15:55 Intellectual property valuation with emphasis on insolvency Nat Baldwin, Director, Hilco 16:35 MBA valuations for inclusion in financial statements IVS and the Red Book IFRS refresher FRS 102 Sam Hinder, Associate Director, Hilco Breakout 3: Arts & Antiques Chair: Andrea Amadesi, Partner, APREA and Chair of RICS Global Personal Property/Arts & Antiques Professional Group Board 14:05 Brexit and impact on the art market The globalisation of the arts and antiques market How will the art industry remains competitive after Brexit Opportunities and threats that lie ahead post Brexit Craig Davies, Partner, Rawlinson & Hunter Catherine Thompson, Senior Manager, Rawlinson & Hunter 14:45 Ivory trade Rules around ivory market Ivory ban in the UK how will this affect arts and antiques valuers? Future development Ivan Macquisten, Owner, Macquisten Consultants Ltd 15:55 General Data Protection Regulation Do art companies need to be compliant with GDPR? Providing transparency and accountability Key need to know Daniel Gibson, Information Governance and Data Protection Compliance Officer, RICS 16:35 Insurance valuation Importance of valuation of contents and valuables Valuation methods

4 Negotiating with loss adjusters and insurers: key need to know Andrew Acquier, Chartered Arts and Antiques Surveyor, Andrew Acquier Breakout 4: Business Valuation Chair: Kelvin King, Senior Partner, Valuation Consulting and Chair of RICS Business Valuation Professional Group 14:05 How does the HMRC resolve valuation disputes? Barry Roland, Assistant Director, Business Assets and International, HMRC 14:45 Impact of quantitative easing on discount rates Mike Evans, Director Valuation & Business Modelling, EY 15:55 Panel discussion on transfer pricing Panellists: Adrian Nicholls, Partner Valuation and Business modelling, EY (moderator) Ted Keen, Independent Consultant, Ted Keen Transfer Pricing Paul Simpson, Assistant Director, Business Assets and International, HMRC Danny Beeton, Managing Director, Duff & Phelps 16:40 IFRS 16 update Reporting leasing transactions what s changed? How will your business be affected? Doug Marvin, Director of Real Estate Valuations, KPMG Alastair Kisby, Manager, KPMG Breakout 5: Trade Related Property Group Chair: Samantha Rowland, Director Healthcare, Savills and Chair of RICS Trade Related Valuation Professional Group 14:05 Alternatives market sector updates and what s changed Healthcare Licensed Leisure Hotels Education The other alternatives Samantha Rowland, Director Healthcare, Savills Graeme Bunn, Managing Director, Fleurets Miles Auger, Director Valuation Services, CBRE James Higham, Associate Director Education Property, Savills Amanda Blythe Smith, Associate Director, Leisure & Trading, Savills

5 15:55 Rating revaluation for trading related properties Charles Wilford, Partner, Gerald Eve 16:35 Panel discussion: Ground rent/income strips Risks and difference between mature trading models and properties under development 17:15 19:00 Drinks reception