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Charles Cowap
MBA MRICS FAAV
New value adding prospects
for land
ensuring chartered surveyors
won't be left out
Charles Cowap
RICS Rural Conference
Royal Agricultural College University
12 June 2014
Charles Cowap
MBA MRICS FAAVOld Ways with Land
FOOD
TIMBER
SPORTING
MINERALS
DIVERSIFICATION
DEVELOPMENT
ENVIRONMENT
SUSTAINABLE
ENVIRONMENTAND
SUSTAINABILITY
INCOME
COSTS
Charles Cowap
MBA MRICS FAAVThinkpiece
• Royal Charter
– Promote the usefulness
of the profession to
public advantage
• New opportunities in
land management
• New ways of working in
development
• New points to reflect in
conventional valuations
• New types of valuation
Charles Cowap
MBA MRICS FAAV
10 key areas
SOIL
Charles Cowap
MBA MRICS FAAV
MARKET VALUE
• Is not the only basis ……
Charles Cowap
MBA MRICS FAAV
Amenity Value
• Farm houses
• Forestry
• What next?
Charles Cowap
MBA MRICS FAAV
• And there are more than five methods …..
Charles Cowap
MBA MRICS FAAV
New market and
brokerage
opportunities
• Biodiversity
Offsetting
• Payments for
Ecosystem
Services
https://www.gov.uk/government/publication
s/payments-for-ecosystem-services-pes-
best-practice-guide
Charles Cowap
MBA MRICS FAAV
Traditional concerns
• The role of the
trustee
• Safety
© Bart Hiddinck
Charles Cowap
MBA MRICS FAAVNew Ways with Land
NATURAL
CAPITAL
PROVISIONING SERVICES
Food
Fibre
Energy
Timber
REGULATING SERVICES
Carbon cycle
Water cycle
SUPPORTING SERVICES
Pollination
Soil Formation
CULTURAL SERVICES
Recreation
Inspiration
Creativity
Reflection
EXISTING MARKETS
PUBLIC SUPPORT
NEW MARKETS
PES
Biodiversity offsetting
Carbon
Conservation covenants
Charles Cowap
MBA MRICS FAAV
New Ways of Working
• New forms of appraisal
• New opportunities
• New values
• New ways to collaborate
• But will we be
entrepreneurial enough?
• A new paradigm: land
managers as ecosystem
entrepreneurs ……
?????
Charles Cowap
MBA MRICS FAAV
New Ways of
Learning
Charles Cowap
MBA MRICS FAAV
Contact Details
In-house CPD programmes, professional-technical updates,
organisational consultancy, and more:
 cdcowap@gmail.com
 07947 706505
Twitter: @charlescowap
Blog: http://charlescowap.wordpress.com/
Slideshare: http://www.slideshare.net/cdcowap
Translating new knowledge for rural professional practice
www.harper-adams.ac.uk

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Value from land

  • 1. Charles Cowap MBA MRICS FAAV New value adding prospects for land ensuring chartered surveyors won't be left out Charles Cowap RICS Rural Conference Royal Agricultural College University 12 June 2014
  • 2. Charles Cowap MBA MRICS FAAVOld Ways with Land FOOD TIMBER SPORTING MINERALS DIVERSIFICATION DEVELOPMENT ENVIRONMENT SUSTAINABLE ENVIRONMENTAND SUSTAINABILITY INCOME COSTS
  • 3. Charles Cowap MBA MRICS FAAVThinkpiece • Royal Charter – Promote the usefulness of the profession to public advantage • New opportunities in land management • New ways of working in development • New points to reflect in conventional valuations • New types of valuation
  • 4. Charles Cowap MBA MRICS FAAV 10 key areas
  • 6.
  • 7. Charles Cowap MBA MRICS FAAV MARKET VALUE • Is not the only basis ……
  • 8. Charles Cowap MBA MRICS FAAV Amenity Value • Farm houses • Forestry • What next?
  • 9. Charles Cowap MBA MRICS FAAV • And there are more than five methods …..
  • 10. Charles Cowap MBA MRICS FAAV New market and brokerage opportunities • Biodiversity Offsetting • Payments for Ecosystem Services https://www.gov.uk/government/publication s/payments-for-ecosystem-services-pes- best-practice-guide
  • 11. Charles Cowap MBA MRICS FAAV Traditional concerns • The role of the trustee • Safety © Bart Hiddinck
  • 12. Charles Cowap MBA MRICS FAAVNew Ways with Land NATURAL CAPITAL PROVISIONING SERVICES Food Fibre Energy Timber REGULATING SERVICES Carbon cycle Water cycle SUPPORTING SERVICES Pollination Soil Formation CULTURAL SERVICES Recreation Inspiration Creativity Reflection EXISTING MARKETS PUBLIC SUPPORT NEW MARKETS PES Biodiversity offsetting Carbon Conservation covenants
  • 13. Charles Cowap MBA MRICS FAAV New Ways of Working • New forms of appraisal • New opportunities • New values • New ways to collaborate • But will we be entrepreneurial enough? • A new paradigm: land managers as ecosystem entrepreneurs …… ?????
  • 14. Charles Cowap MBA MRICS FAAV New Ways of Learning
  • 15. Charles Cowap MBA MRICS FAAV Contact Details In-house CPD programmes, professional-technical updates, organisational consultancy, and more:  cdcowap@gmail.com  07947 706505 Twitter: @charlescowap Blog: http://charlescowap.wordpress.com/ Slideshare: http://www.slideshare.net/cdcowap Translating new knowledge for rural professional practice www.harper-adams.ac.uk