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why property valuations are required and                                    Vol.50 No.1 2015
discusses the main determinants of value
and how they might be identified. The            implications for tenants and led to a demand
mathematics required to financially quantify     for shorter leases. The consequence is
value determinants are also introduced.          a rethink of the traditional perception of
Part B of the book describes the methods of      property investment as a secure long term
valuation; Part C applies these methods to       investment, and this is reflected in reduced
the valuation of a range of property types for   investment holding periods by financial
a wide variety of purposes; and Part D covers    institutions. Office Markets & Public Policy
investment and development appraisal. The        analyses these processes and policy issues
author introduces valuation activities from a    from an international perspective and
broad economic perspective, setting valuation    covers: A descriptive and theoretical base
in its business finance context and combining    encompassing an historical context, a review
its academic and practical roots. Changes        of the fundamentals of the demand for
in this second edition include: less daunting    and supply of the office market and offices
economics expanded companion website             as an investment. Embedded within this
with PowerPoint slides for lecturers, self-test  section is a perspective on underlying forces
Questions & Answers for students: see www.       particularly the influence of technological
wiley.com/go/wyattpropertyvaluation up-          change. A synthesis of our understanding
to-date case studies and sample valuations       of the spatial structure and dynamics of
reference to the newly-published Red Book        local office markets at the city level. An
(the valuers bible) Property Valuation with      assessment of the goals and influence
its user-friendly format, using tried-and-       of planning policies, and the evaluation of
tested teaching and learning devices and a       policies designed toward the long term
clear writing style, remains the core text for   sustainability of cities as services centres.
students on real estate, estate management       This goes beyond standard real estate and
and land economy degree courses, as well         urban economics books by assessing the
as for fast-track conversion courses for non-    changing shape of urban office markets
cognate graduates.                               within a spatial theoretical and policy
                                                 context. It will be a useful advanced text
ISBN                                             for honours and postgraduate students
9781405199766                                    of land economy; land management;
                                                 property and real estate; urban planning; and
Title                                            urban studies. It will also be of interest to
                                                 researchers, property professionals, policy-
Office markets & public policy                   makers and planning practitioners..

Author (s)                                       ISBN
Colin Jones                                      9780727757517
                                                 Title
Publisher & Year                                 CESMM4: Civil Engineering Standard Method
Chichester, West Sussex : John Wiley & Sons      of Measurement. 4th Edition
Inc., 2013
                                                 Author (s)
This is the first book that looks at how         The Institution of Civil Engineering
offices and office markets in cities have
changed over the last 30 years. It analyses      Publisher & Year
the long-term trends and processes within        London: ICE Publishing, 2012
office markets, and the interaction with the
spatial economy and the planning of cities.      The Civil Engineering Standard Method of
It draws on examples around the world, and       Measurement CESMM has been well-
looking forward at the future consequences       established for over 20 years as the standard
of information communication technologies        for the preparation of Bills of Quantities in
and the sustainability agenda, it sets out       civil engineering work. This much-anticipated
the challenges that now face investors.          fourth edition, CESMM4, brings the method
The traditional business centres of cities       into line with changes in industry practices
are losing their dominance to the brash          and extends its usages into all new areas.
new centres of the 1980s and 1990s,              New to CESMM4: - Contract neutral: For the
as the concept of the central business           first time CESMM can be used contact suites
district becomes more diffuse. Edge cities,      including NEC and FIDIC - National Standard
business space and office parks have             neutral: wherever possible Bill items are
entered the vocabulary as offices have           produced without reference to some form of
also decentralised. The nature and pace          standard classification
of changes to office markets set within
evolving spatial structures of cities has had                                     33
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