Property Valuer definition

Property Valuer means an independent entity engaged by a REIT to value its real estate in accordance with these Rules.

Property Valuer or “Vigers” means Vigers Appraisal & Consulting Limited;

Property Valuer means a property valuation entity keeping the Real Property Cadastre and the Real Property Register.

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.

• 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.

• 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.

• The Option Agreement provides Regal REIT with flexibility as the exercise price adjustment mechanism ensures that any such consideration will be at or below market valuation (as assessed by the Independent Property Valuer).

More Definitions of Property Valuer

Property Valuer means any company whose name is on the list of valuation company as approved by the Office pursuant to the Notification of the Office of the Securities and Exchange Commission governing the granting of approval of valuation companies;

Property Valuer means a person engaged in the valuation and appraisal of real estate or any development potential thereon;

Property Valuer means DTZ Debenham Tie Xxxxx Limited, an independent property valuer;

Property Valuer means a juristic person whose objective is to conduct property valuation as its normal course of business and who is granted an approval from the SEC Office;

Property Valuer a qualified agent experienced in the valuation of properties similar to the Properties, the identity of whom shall be agreed upon by the Members within 10 Business Days of an event occurring requiring the appointment of a valuer or, in the event of disagreement by the Members so that the Members cannot agree such identity within such period, appointed (at the request of one of the Members) by (or on behalf of) the President for the time being (or next most senior available officer) of the Royal Institution of Chartered Surveyors in England and Wales within 10 Business Days following the expiry of such period;

Property Valuer means Vigers Appraisal & Consulting Limited;

Property Valuer. Xxxxx Xxxx LaSalle Sallmanns Limited, an independent property valuer;