The Importance of Valuation: an interview with Patrick Ditcham

As the region’s construction and equipment market matures further and increase global compliance, machinery and assets valuation is assuming greater importance than ever before. Cavendish Maxwell’s Patrick Ditcham, tells CMME how his company making the most of the situation. As every equipment and fleet owner knows. your machinery is only as valuable as the project it […]

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Dubai in focus

Residential properties saw a decline in prices for apartments and villas in Q1 2017, averaging 1.0% in comparison to last year. Although the rate of decline has slowed in comparison to Q1 of 2016, the ongoing decline over the past year and a half has impacted project feasibilities for new developments that are now looking at declining profit margins.

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Cavendish Maxwell appoints Paul McCambridge as their new Head of Sales for Property Monitor

Property Monitor is the UAE’s only data platform offered by RICS accredited property professionals. Property Monitor offers users the ability to search residential sales, leasing transactions, off-plan sales, valuation data as well as our professional opinion on achievable prices, across all major areas of Dubai and Abu Dhabi. Our transactional data dates back to 2008, […]

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Commercial insurance

Commercial insurance is vital for businesses to be fully insured and protected should the worst-case scenario happen. The commercial insurance plans can vary, however generally they cover the cost of rebuilding or repairing equipment, machinery, business premises and replacing stock. The risks facing businesses include fire, theft, weather damage, flooding, burst pipes and overall damage. […]

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Capital Property

Property Monitor saw price declines continue in Abu Dhabi during Ql of 2017. Apartments in Al Ghadeer, Al Reef Downtown, and villas in Al Raha Gardens and Al Reef all experienced annual declines of more than 1.0% on average. Downward pressure on housing demand is expected to continue in Abu Dhabi, due to job uncertainty […]

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Cavendish Maxwell appoints new partner Fast growing real estate firm expands their machinery and business assets department

Cavendish Maxwell announced today that Patrick Ditcham has joined the firm as a partner and joint head of their machinery and business assets department. Patrick Ditcham joins Cavendish Maxwell from the UK where he was a director working for Lambert Smith Hampton. Patrick is a chartered surveyor with over 28 years’ valuation and auctioneering experience […]

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IASB finalises fundamental overhaul of insurance accounting

Alert by IFRS The International Accounting Standards Board (the Board) has today issued IFRS 17 Insurance Contracts. This first truly international IFRS® Standard for insurance contracts will help investors and others better understand insurers’ risk exposure, profitability and financial position. IFRS 17 replaces IFRS 4, which was brought in as an interim Standard in 2004. […]

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