In today’s economy and with corporate governance, there is a constant need for companies, body corporate’s and private individuals to have their properties professionally valued. A property valuation will assist a company in determining the underlying value of their assets. The Property Partnership East Rand is also able to assist clients with International Financial Reporting Standards (IFRS) regulations and capital allowance apportionment.
With ever changing building costs, it is also advisable for companies and body corporate’s to ensure that their replacement cost values are correctly stated to avoid loss due to averaging. We recommend that the replacement cost amounts are updated every three years.