The owner of this Strip Plaza wanted to declare it at “Fair Value” on their balance sheet, a more relevant metric than historic cost, and recommended by the International Financial Reporting Standards (IFRS). This “mark to market” required a current Market Value (Highest and Best Use) appraisal. To learn more, click on the attachment and view this PDF document using an Acrobat Reader Plug-in (available as a free download from the Adobe Web Site, www.adobe.com).
Case Studies is a free service provided by Turner Drake & Partners Ltd. to decision makers with property portfolios in Canada. In order to assist clients better understand how they can utilise our services to improve their bottom line, we have provided information on actual assignments conducted by our various Divisions. Case Studies are archived on the public area of our web site at www.turnerdrake.com/newsresearch/casestudies.asp.