Almost three decades ago, Morguard established a full-time team of internal appraisers dedicated solely to ensuring that the company’s fiduciary role was properly discharged as it related to the valuation of its real estate portfolio. Our team developed the Morguard Property Index, which is still in use today.
The valuation and appraisal team performs the following functions:
- Objective, unbiased and supportable estimates of market value. It achieves this objective by reporting independently of asset management.
- Investment-level performance measurement. This allows our clients to track the performance of an individual real estate asset from acquisition to disposition. Performance is measured for both capital and income returns.
The team is thoroughly experienced in meeting the reporting requirements for the Investment Property Databank (IPD) and for International Financial Reporting Standards (IFRS). The IPD is a key performance benchmark used by institutional investors.
The team consists of six certified appraisers who have a combined total of 90 years of experience and are located across the country to ensure access to local knowledge. The team maintains strong relationships with industry leaders, including Altus, CBRE, Cushman & Wakefield, and Colliers.