The Income Approach to Property Valuation

Nick Nunnington is a visiting professor of corporate real estate at Nottingham Trent University and an assistant professor at Neapolis University Paphos. He worked for many years at Sheffield Hallam University, before moving to Abu Dhabi to become an associate vice provost for the 17 colleges of the Higher Colleges of Technology across the United Arab Emirates. He also developed and taught real estate courses at the University of Adelaide. Nick is a now a founder of the PropTech start-up Workplaced (www.workplaced.com), which delivers solutions to maximise productive hybrid workplace strategies.

Thomas Dimopoulos holds a PhD from Cyprus University of Technology, a MEng in rural and surveying engineering from Aristotle University of Thessalonica, and an MSc in real estate from Oxford Brookes University. He is an assistant professor and the head of the Real Estate Department at Neapolis University Paphos. He is also the director and founder of AXIA Chartered Surveyors, a firm that is practicing property valuations in Cyprus, and the director and founder of Real Geosolutions, a firm that is offering GIS, AVM, and PropTech solutions. He was appointed to the European Board of IVSC (International Valuation Standards Council) in January 2020 and remains an active participant. He was the chairman of RICS Cyprus from 2017 until 2022 and is a member of the board of the Association of Property Valuers in Cyprus. Before AXIA, he worked in several companies in Cyprus and abroad. He has also published several articles in accredited international journals. His research and publications focus on property valuation methodologies, property taxation, geospatial data analysis, and mass appraisals with the use of artificial intelligence and machine learning techniques.

Fernanda Antunes Batista da Silva holds a PhD in real estate from the University of Aberdeen and an MSc in real estate from the University of Reading. She is an associate lecturer at the University College of Estate Management and a visiting lecturer at Neapolis University Paphos. Her research focuses on flexible workspaces, commercial real estate investment, property valuation, and corporate real estate. Previously, she was the course leader for the MSc in property development and planning at Nottingham Trent University, where she led valuation modules and contributed to investment-related modules at both undergraduate and postgraduate levels. Earlier in her career, she worked as a valuer for financial institutions in Brazil.