Oireachtas Joint and Select Committees

Thursday, 2 April 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Mr. John Moran:

I do not think so. I do not think they were all that common. We do not take one single aspect into account when we are assessing value. Rental evidence is important. We also draw comparisons with other shopping centres and other retail lettings. Sometimes people think a valuation report is a single piece of paper. A valuation report can quite comfortably on occasion run to 100 pages. It details significant comparable evidence. We do a huge amount of analysis to arrive at our opinions. When we are valuing we are valuing independently.

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