Neil Crosby
Encyclopedia
Neil Crosby is an influential academic valuer
, Professor of Real Estate at the University of Reading
. He has heavily influenced UK property valuation practice through a series of journal publications in the late 1980s and early 1990s, which dealt with questions of investment property valuation methodology, and through an influential book (Property Investment Appraisal, co-authored with Andrew Baum and now nearing its third edition). The RICS adopted the 'Short-cut DCF' method (a.k.a. the 'Real-value' method) proposed by Crosby, in the 1997 Valuation Information Paper: Commercial Investment Property - Valuation Methods.
In 2002 he was awarded the International Real Estate Society’s annual achievement award for his work in real estate research, education and practice.
Real estate appraisal
Real estate appraisal, property valuation or land valuation is the process of valuing real property. The value usually sought is the property's Market Value. Appraisals are needed because compared to, say, corporate stock, real estate transactions occur very infrequently...
, Professor of Real Estate at the University of Reading
University of Reading
The University of Reading is a university in the English town of Reading, Berkshire. The University was established in 1892 as University College, Reading and received its Royal Charter in 1926. It is based on several campuses in, and around, the town of Reading.The University has a long tradition...
. He has heavily influenced UK property valuation practice through a series of journal publications in the late 1980s and early 1990s, which dealt with questions of investment property valuation methodology, and through an influential book (Property Investment Appraisal, co-authored with Andrew Baum and now nearing its third edition). The RICS adopted the 'Short-cut DCF' method (a.k.a. the 'Real-value' method) proposed by Crosby, in the 1997 Valuation Information Paper: Commercial Investment Property - Valuation Methods.
In 2002 he was awarded the International Real Estate Society’s annual achievement award for his work in real estate research, education and practice.
Further reading
- Baum, A. and Crosby, N. (1988) Property Investment Appraisal (Second Edition), Routledge, London.
- RICS (1997) Commercial Investment Property: Valuation Methods - An Information Paper.
External links
- Professor Neil Crosby, official web-page at the University of Reading.