First workshop on property valuation in Malta to focus on distinction between market and prudent value

The first ever workshop on property valuation will be held on 18 April and will feature leading expert Prof. Nick French

Last Updated on Tuesday, 21 March, 2023 at 1:36 pm by Andre Camilleri

A half-day workshop titled “Property Valuation: A Practical Approach” will be held on 18 April 2023 at The Notch Conference Centre in San Gwann. The event, which is a first for Malta, is organised by the Malta Bankers’ Association (MBA), and Archi+ in collaboration with il-Kamra tal-Periti (KTP). The event is supported by Bank of Valletta.

The workshop will focus on the differences between property market value and prudent value. These two notions will be explained, and insights will be given throughout the workshop by Professor Nick French, a leading valuation academic from the UK. He will provide information on the recent international developments on property valuation.

Valuation is the cornerstone of all real estate decisions, and the workshop will provide essential insights into the role of valuations in property investment and the importance of pricing to market. Amongst the topics that the workshop will focus on are price, worth and value – concepts and definitions; valuations for secured lending: Basel III guidance and prudent value developments; valuation approaches, methods and models applied to real estate pricing; market approach: the relationship between market maturity and reliable comparable evidence; as well as the need to place valuations in the context of the market.

The workshop will kick off with an opening address by the Chair of the MBA, Marcel Cassar. He will be followed by a number of presentations by Prof. French on the aforementioned topics. The event will feature also a panel discussion on the theme “Valuation and Market Pricing” which will be moderated by Justin Mizzi, a property valuation expert at Archi+. The panel will include Prof. French, Perit Denis Camilleri from DHI Periti, Perit Glynn Drago at Bank of Valletta, as well as Alan Cassar from the Central Bank of Malta. The event will come to a close with a speech by Perit Andre Pizzuto, President of the KTP.

Prof. French is a recognised expert in the area of property valuation, investment and appraisal. Previously, he has worked at as a professor at various universities in the UK, Europe and the USA, teaching extensively in the areas of valuation, investment and corporate real estate on BSc, MSc and MBA programmes. He is a member of the Royal Institution of Chartered Surveyors (RICS) and, in spring 2021, he was appointed as the Chair of the RICS Global Valuation Standards Expert Working Group. Prof. French was also a member of the Professional Board of the International Valuation Standards Council (IVSC).

In 2018, Prof. French set up Real Estate Valuation Theurgy, a vehicle that allows him to continue writing papers, presenting conference papers and working with the real estate profession at home and abroad. In 2018, he was awarded a “Lifetime Achievement Award” by the International Real Estate Society. He is the editor of the Journal of Property Investment & Finance, the award winning academic international journal of the real estate industry.

The event starts at 8.30am and ends at 1pm. For more information and to register for the workshop kindly visit or email

- Advertisement -