With recent Covid issues throughout Australia, I am garnishing peoples' views on whether a revaluation of Australian unlisted assets will occur similar to 2020. Airports, toll roads, office buildings and retail centres to name few have been affected, and will continue to be in the near future. Any thoughts?
Generally, asset managers value ⅓ of their portfolios annually (not sure which accounting standard applies). This is what we were required to do across the portfolios we managed.
Last year, infrastructure and property asset values in my super fund, were adjusted downwards in March and then revalued upwards in June. This year no substantial movement Maybe something to come.
The valuation of infrastructure differs markedly from the methodologies used for traditional income producing assets. Replacement value forms part of the valuation process, comparison with other similar facilities eg ports in other countries may be used. Some facilities generate income from all or part of the facility this cashflow may be considered separately from other parts of the asset.
Difficult to know where to place this one. A now failed managed investment scheme dressed up as a retirement housing scheme. While I question the wisdom of going into this - presumably they did not seek independent legal or other professional advice - I do feel for those caught out by it. Government accused of turning its back on elderly victims of collapsed housing scheme
