Speaker: Taiji SHIROYAMA (Managing Director, RQR Japon); room 601 & online; Lunch seminar on Japanese economy and society in English without translation. Registration on this link.

Property valuation techniques, inherited in particular from the period of financialization in the 1980s and 90s, remain not only subjective, but also partial. However, value perception of buildings is undergoing rapid changes with the advent of sustainable development considerations and regulations. This gap between valuation practices and value perception is creating cognitive dissonance. What’s more, the rise of real estate to the status of an asset class in its own right is naturally accompanied by increased demands for professionalism. Specifically, an increased degree of rigour and objectivity. The cognitive and data sciences are opening up new possibilities for sustainability considerations and for improved valuation performance. Especially for many investors and asset managers investing in Japanese real estate, these approaches could become new tools for making objective property evaluations and investment decisions based on previously unavailable data.

Moderator: Raphaël LANGUILLON-AUSSEL (FRIJ-MFJ)
Organization: FRIJ-MFJ
Support: CCI France Japon