Although the portfolio generated higher net operating income, the marginal decrease in valuation was due to the adoption by the valuers of higher initial yields or exit yields depending on methodology and higher discount rates.

Source: https://seekingalpha.com/article/4589956-eurocommercial-properties-n-v-eucmf-q4-2022-earnings-call-transcript?source=feed_all_articles

“I made an attempt, I sent some government engineers, valuers and they came with an estimated bill for the office alone, over 550 million.

Source: https://thenationonlineng.net/otti-reveals-plans-to-increase-workers-minimum-wage/

The Chairman, National MCPD Committee, Dr. Emmanuel Mark, observed that estate surveyors and valuers can survive the economic downturn and become more resilient by buying into the business strategies for real estate development.

Source: https://guardian.ng/property/stakeholders-proffer-strategies-to-boost-real-estate-development/