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Thames Water & Prudential plan £50m Southside deve

Estates Gazette

June 2001

"In his analysis of market sentiment, John Plender (Estates Gazette, 12 May, p52) points an accusatory finger at property market makers and their valuations. He has a point. So long as some agents succumb to the temptation of talking up the market, financial analysts will apply a pinch of salt to anything the property industry tells them about values or trends. This is a shame. It harms the industry, for example, through large discounts to net asset value, low salaries in the profession, schizophrenia about whether a chartered surveyor is a professional, difficulty in recruiting high-flyers, and so on. These are the reasons to support the RICS's Agenda for Change. Too many people still think we can have it both ways. Experience says that we can't".
 
 
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