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Marcin Malmon

REV MRICS

Valuation Practice & International Standards

Marcin Malmon

REV MRICS

Valuation Practice & International Standards

Marcin Malmon

I have been involved in commercial real estate valuation and advisory for more than 20 years, combining practical market experience with a deep interest in valuation methodology, international standards, and market transparency.

I combine my MRICS and REV qualifications with legal education and extensive experience gained through cooperation with investors, financial institutions, advisory firms, and market participants across the commercial real estate sector.

Over the years, my interests have increasingly focused on the comparability of valuation approaches across jurisdictions, cash flow modelling, yield structures, and the role of international standards in improving consistency and transparency of real estate markets.

In addition to valuation practice, I have been actively involved in professional and institutional initiatives related to the development of valuation standards and regulation, including my role as a member of the Board of Directors of TEGOVA.

I am particularly interested in how technology, artificial intelligence, ESG, and demographic changes are reshaping real estate markets and valuation practice globally — especially in the context of bridging mature and emerging markets.

Through this website, I share selected thoughts and observations on valuation methodology, market practice, and the future direction of the real estate industry.

The views expressed on this website are solely my own.

Insights

Risk-free rate paradox

Risk-free rate paradox We live in interesting times. The property…
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Implicit vs. Explicit Cash Flow

Implicit vs. Explicit Cash Flow One of the biggest problems…
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The future of the profession and valuation standards

The future of the profession and valuation standards It’s hard…
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Effective vs. nominal yields – ‘as you value so shall you devalue’

Effective vs. nominal yields - 'as you value so shall…
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real estate

Little known facts about DCF

Reading time: 5 min. O zaszłościach historycznych w polskiej szkole…
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stopy netto brutto

Net yields vs. Gross yields

Net yields vs. Gross yields Yields encountered in investment analyses…
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Equated Yield

Equated Yield The equated yield is mathematically the same as…
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Equivalent Yield

Equivalent Yield From the arguments presented in the earlier posts…
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stopa zwrotu

Exit Yield

Exit Yield A fairly common term, also among Polish real…
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reversionary yield

Reversionary Yield

Reading time: 2 min. Opis jednej z podstawowych stóp zwrotu…
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procent

Initial Yield

Reading time: 4 min. Początkowa stopa zwrotu (initial yield) jest…
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stopy procentowe

All Risks Yield

All Risks Yield Starting today, I will be presenting on…
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najkorzystniejszy sposób wykorzystania

The meaning of „Highest and Best Use”?

Highest and Best UseTreating the subject as briefly as possible,…
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waloryzacja-czynszu-implicit-cash-flow

Rent Indexation in Implicit Cash Flow

Rent Indexation in Implicit Cash Flow One of the differences…
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property-labyrynth-chaos

Inconsistent Yields and Cash Flows Lead to Lack of Market Transparency

Poniżej jeden z moich pierwszych tekstów na temat braku transparentności…
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Professional inquiries

If you would like to discuss valuation practice, market standards or potential cooperation, feel free to get in touch..

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