International records / OpenAlex research

The investment and valuation nexus: exploring the perceptions of Nigerian real estate valuation professionals

Purpose Despite the importance of investment fundamentals in determining commercial property value, there is a knowledge gap in terms of how investment factors are integrated into the valuation process in developing markets, particularly in Africa. This study investigates how property valuers in Nigeria perceive the investment-valuation nexus, and how this influences their valuation processes and output. Design/methodology/approach Semi-structured interviews were deployed to 14 professional property valuers across Nigeria. The discussion from the interview transcripts was subjected to thematic…