Neil Crosby

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Neil Crosby is an academic valuer, Professor of Real Estate at the University of Reading.^[1][2]

He has been instrumental in changing property valuation practices in the United Kingdom through a series of journal publications in the late 1980s and early 1990s, which dealt with questions of investment property valuation methodology, and through an influential book (Property Investment Appraisal, co-authored with Andrew Baum and now nearing its third edition). The RICS adopted the 'Short-cut DCF' method (a.k.a. the 'Real-value' method) proposed by Crosby, in the 1997 Valuation Information Paper: Commercial Investment Property - Valuation Methods.

In 2002, he was awarded the International Real Estate Society's annual achievement award for his work in real estate research, education and practice.

• Income approach

• Baum, A. and Crosby, N. (1988) Property Investment Appraisal (Second Edition), Routledge, London.
• RICS (1997) Commercial Investment Property: Valuation Methods - An Information Paper.

• Professor Neil Crosby, official web-page at the University of Reading.

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