Market value within the scope of the IPD property index (IPD March 2013) is:
(in accordance with IVS 2011).
Particular assumptions or special instructions in the valuation, as agreed with the client: market value taking into account the principles and guidelines established by the IPD.
This valuation report and the associated calculations in the scope of the IPD property index were carried out subject to the regulations relating to choosing a valuation method and the substantive basis thereof, as described in the valuation agreements and guidelines of the Stichting IPD property index.
For housing complexes, the market value remains the point of departure, but the guideline is to assume the value based on a sale with sitting tenant to a third party, meaning: "the highest price that a market party would want to give, where the effects of individual sale of the residences are generally accounted for. A situation can be assumed where units are sold individually, depending on the percentage of leased housing on the market, developments in house prices, interest rates and options of selling to sitting tenants.” Or, a situation of further exploitation can be assumed where the rental income can be maximised as much as possible depending on the percentage of leased housing on the market, developments in rental prices, and interest rates.