Menu
25/08/2011
Surveyors Skills 'Can Create Recovery'
The skills of chartered surveyors are more important to the local economy than ever before, according to the new boss of the Royal Institution of Chartered Surveyors (RICS), Northern Ireland.
Michael Hannaway said that chartered surveyors are centrally involved in key issues such as NAMA and the management of public sector property assets, and, as such, will be vital to creating the conditions for economic recovery.
The RICS' NI Chairman said: "In this time of government austerity measures there is a great need to ensure maximum value from public sector assets, and effective valuation of property in all sectors is essential to create a viable and sustainable local property market," he said.
"Our economy will continue to face significant headwinds, with the constraints on public spending and the current dysfunctional nature of property markets amongst the key challenges.
"The good valuation and management of property assets is critical to dealing with both of these issues.
"RICS and its members are therefore well placed to provide the opinion, guidance, and implementation and delivery skills to ensure that key decisions that affect our economy and society are properly taken," he added, noting that, in this respect, it is important that groups holding large portfolios of property, including governments, publicly controlled bodies and banks manage these assets in a way that doesn't compromise the recovery and good functioning of property markets. Property also needs to be valued in a realistic way that ensures best value is achieved.
Michael is a partner in Hannaway & Hannaway, a leading firm of chartered surveyors specialising in accident reconstructions and the provision of expert reports on boundary and right of way issues to the legal sector and land and engineering surveys to corporate and government bodies.
(GK/BMcC)
Michael Hannaway said that chartered surveyors are centrally involved in key issues such as NAMA and the management of public sector property assets, and, as such, will be vital to creating the conditions for economic recovery.
The RICS' NI Chairman said: "In this time of government austerity measures there is a great need to ensure maximum value from public sector assets, and effective valuation of property in all sectors is essential to create a viable and sustainable local property market," he said.
"Our economy will continue to face significant headwinds, with the constraints on public spending and the current dysfunctional nature of property markets amongst the key challenges.
"The good valuation and management of property assets is critical to dealing with both of these issues.
"RICS and its members are therefore well placed to provide the opinion, guidance, and implementation and delivery skills to ensure that key decisions that affect our economy and society are properly taken," he added, noting that, in this respect, it is important that groups holding large portfolios of property, including governments, publicly controlled bodies and banks manage these assets in a way that doesn't compromise the recovery and good functioning of property markets. Property also needs to be valued in a realistic way that ensures best value is achieved.
Michael is a partner in Hannaway & Hannaway, a leading firm of chartered surveyors specialising in accident reconstructions and the provision of expert reports on boundary and right of way issues to the legal sector and land and engineering surveys to corporate and government bodies.
(GK/BMcC)
Related Northern Ireland News Stories
Click here for the latest headlines.
21 November 2024
Public Consultation On Decriminalising Rough Sleeping And Begging
The public is invited to share their opinions on proposals to decriminalise rough sleeping and begging in Northern Ireland. Justice Minister Naomi Long has launched a consultation on the repeal of Section 4 of the Vagrancy Act 1824 and Section 3 of the Vagrancy (Ireland) Act 1847.
Public Consultation On Decriminalising Rough Sleeping And Begging
The public is invited to share their opinions on proposals to decriminalise rough sleeping and begging in Northern Ireland. Justice Minister Naomi Long has launched a consultation on the repeal of Section 4 of the Vagrancy Act 1824 and Section 3 of the Vagrancy (Ireland) Act 1847.
19 November 2024
BCC Launches Public Consultation On £100m Belfast Stories Project
Belfast City Council has today launched a public consultation on the ambitious £100 million Belfast Stories project. The initiative aims to transform the former Bank of Ireland building and surrounding site into a major public space, visitor attraction, and creative hub.
BCC Launches Public Consultation On £100m Belfast Stories Project
Belfast City Council has today launched a public consultation on the ambitious £100 million Belfast Stories project. The initiative aims to transform the former Bank of Ireland building and surrounding site into a major public space, visitor attraction, and creative hub.
28 November 2024
Man Charged After Glenarm Shooting
Detectives investigating the incident on Feystown Road on Monday, 25 November, have charged a 41-year-old man with attempted murder, possession of a firearm with intent to endanger life, and criminal damage. The accused is due to appear at Ballymena Magistrates’ Court today, Thursday, 28 November.
Man Charged After Glenarm Shooting
Detectives investigating the incident on Feystown Road on Monday, 25 November, have charged a 41-year-old man with attempted murder, possession of a firearm with intent to endanger life, and criminal damage. The accused is due to appear at Ballymena Magistrates’ Court today, Thursday, 28 November.
28 November 2024
Pharmacies Offer Winter Health Advice
Community pharmacies across Northern Ireland are offering advice and support to help people stay healthy during the winter months. The Living Well initiative, delivered in partnership with the Public Health Agency, Community Pharmacy NI, and the Department of Health, provides information and advice on public health issues.
Pharmacies Offer Winter Health Advice
Community pharmacies across Northern Ireland are offering advice and support to help people stay healthy during the winter months. The Living Well initiative, delivered in partnership with the Public Health Agency, Community Pharmacy NI, and the Department of Health, provides information and advice on public health issues.
19 August 2011
Northern Ireland RICS Chairman Appointed
The skills of chartered surveyors are more important to the local economy than ever before, according to the new chairman of RICS (Royal Institution of Chartered Surveyors) Northern Ireland.
Northern Ireland RICS Chairman Appointed
The skills of chartered surveyors are more important to the local economy than ever before, according to the new chairman of RICS (Royal Institution of Chartered Surveyors) Northern Ireland.
-
Northern Ireland WeatherThis Evening and Tonight:Rain clearing away east by early evening with some clear spells but a few showers likely to affect the North coast and other areas towards dawn, remaining breezy and mild overnight. Minimum temperature 9 °C.
