Over the past two decades, the adoption of international standards has helped transform the approach to real estate valuation in Italy, introducing increasingly recognized principles of transparency, consistency, and quality.
The 50th anniversary of the RICS Red Book provides an opportunity to reflect on this evolution. In an article published in the RICS Property Journal, Maurizio Negri MRICS, Partner at PRAXI, examines the development of real estate valuation in the Italian market, highlighting the progress achieved, the distinctive features of the Italian system, and the challenges that remain.
The article explores the role of global standards in strengthening professionalism across the sector, building investor confidence, and enhancing market competitiveness.
