Join us at the 2022 Annual Conference
It gives me great pleasure to invite members of the New Zealand Institute of Valuers to attend this year's online Annual Conference.
In the past couple of years we have all become very familiar with the online format and the upcoming Conference is shaping up to be an engaging and dynamic event, with something for all property professionals but particularly for valuers.
I'd urge you to review the programme if you haven't done so already, the speakers are first-class, and the learnings on offer are second-to-none.
Overview
This year’s National Property Conference promises to be something quite different. Being held over two weeks split into three half-days, it includes a line-up of international and national speakers who may not have been able to otherwise appear in person. The result is a pretty impressive affair, and one not to be missed.
As to be expected, the 2022 National Property Conference represents some unique opportunities for Valuers because, not only will we hear from some of the leaders in our profession, but also a line up of truly inspirational people from all walks of life - from former fighter pilots to politicians, entrepreneurs to social reformers, and digital nomads to environmentalists. Then there are of course the usual (but popular) suspects: leading economists, climate change experts, lawyers, academics, and others.
CPD
There are 12 verified CPD points on offer for the whole programme..
Specialised sessions for Valuers
- Climate Related Risk – An emerging opportunity for the valuation profession
- International Emerging Trends – ESG in Valuation
These sessions, chaired by Blue Hancock is about as contemporary as you can get.
To kick things off Patricia Kuczynska and Gary Garner will lead a special session on the hot topic of climate-related risk reporting and the emerging opportunities (and challenges) for valuers.
A follow up presentation by the International Valuation Standards Council’s Alexander Aronsohn will cover off Environmental, Social, and Governance (ESG) criteria - increasingly used to assess the impact of the environmental, social and ethical practices of companies and resultant attractiveness to investors. This provides an overview of ESG and how it relates to valuation, the use of ESG in valuation globally and how ESG can be quantified within property valuations.
- RMA Reform: Opportunities and Challenges
The speaker, Sarah Scott (a Partner with Simpson Grierson), will provide an opportunity for this dynamic and changing “beast” that is the RMA. Reform is on the way, so attend this session and get the low-down on what’s happening. Affects us all!
Several speakers on this topic have been organised to talk about different aspects of the changing landscapes here. Firstly, Hamiora Bowkett will present on water supply infrastructure. Hamiora will present some unique perspectives from the point of view of the Department of Internal Affairs, where he is Executive Director. Valuers from all market segments are likely to have an interest in this session.
Lincoln University Lecturer and registered, practising valuer Edward Percy will speak on Nutrient regulations – spotlighting his passionate involvement in a subject in which he is currently completing as a research topic for his PhD dissertation. New rules introducing a framework for management of freshwater resources are being progressively introduced at regional levels throughout New Zealand, and currently impacting land values throughout rural New Zealand. Rural valuers will certainly be interested in this one.
And Ray McMillian, Head of Regulatory, who leads the Regulatory Delivery and regulatory policy functions at Taumata Arowai, will be speaking about ‘Potable Water'.
- Housing Affordability – Don’t Dream It’s Over
Another academic, Graham Squires - Professor of Property Studies at Massey University - will present this session which will provide an overview of housing affordability (and affordable housing) in terms of determinants and trends. Recommendations for policy and practice will be submitted during this session. Judging by the title of this presentation, the discussion is likely to be lively and possibly even controversial; so well worth attending.
Now for something quite different - an opportunity to get familiar with WAVO - World Association of Valuation Organisations, and IVSC - International Valuations Standards Committee. This is a leadup to the joint National Property Conference - IVSC/WAVO Global Valuation Conference to be held in Christchurch 2023. WAVO brings together professional property valuation organisations from across the globe that represent valuers and related property consultants employed in private practice, business and industry, the public sector and education, as well as some specialized groups that interface frequently with the profession.
- Public Works Act – What’s been happening?
All Valuers are faced with the prospect of accounting for changing case law precedents that affect our daily decision-making and reporting. Donna Hurley will provide the “good oil” on recent developments in relation to public works with a particular focus on recent case law that is shaping the application of the Act here in New Zealand.
- Discounted Cash Flow (DCF) Approaches - sponsored by Marsh
The final session for this year’s conference will focus on Discounted Cash Flow (DCF) analysis techniques and innovations. Three top speakers’ expert in different aspects of this kind of analysis will provide an interesting and informative session. Presenters include NZIV Councillor Hayden Doody from Telfer Young (Registered Valuer & Chartered Surveyor); Colliers Director John Pryor, and another valuation firm Director from Property Advisory, David Oxnam.
Part 1 – will be an Introduction provided by former university lecturer and current NZIV General Secretary Gary Garner, whom will provide an explanation of the essential elements of the DCF.
Part 2 – will incorporate an overview of DCF Methodologies and Tools Overviews from the other speakers. This will include (a) Using an “in-house” corporate DCF model; (b) Using DCF modelling software; and (c) Developing site unique DCF models for specialised rural properties
Part 3 – will be a Q& A panel Session on DCF analysis, chaired by registered valuer and NZIV Councillor (Southern) Heather Beard.
Other technical sessions are in the process of being finalised, with details due for release shortly.
NZIV Annual General Meeting 2022
The NZIV Annual General Meeting will be held separately from the National Conference via Zoom on Thursday, 9 June 2022 4:00 pm-5:00 pm. It has been agreed that the NZIV national AGM will be held online in exactly the same format as 2020. These AGMs were highly professional and received excellent feedback.
All NZIV members are welcome and indeed encouraged to attend. Register for this event online - and receive your Zoom linking details.
If you need to lodge a Proxy form, then be aware that it must be with the New Zealand Institute of Valuers no later than 4.00 pm, 3 June 2022. Send via email to robyn@property.org.nz, or post to the New Zealand Institute of Valuers, PO Box 5304, Wellington 6145.
We encourage members to attend and experience this unprecedented line-up of quality speakers.
You can view the programme, and register by clicking the button below.
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