Specialisms
- Property valuation,
- Commercial leases
Location
Neil was Professor of Real Estate at the University of Reading from 1994 until taking retirement in 2022 but, as Professor Emeritus of the University, is still active in the School.
Following an initial period working in industry, Neil has worked for nearly 40 years in the University sector, specialising in developing commercial property appraisal processes and methods and researching the commercial Landlord and Tenant relationship. In this time, he has undertaken a series of major research studies funded by the UK Central and Local Government and the UK property industry, including commercial lease regulation, valuation methods, client influence on valuations, depreciation, liquidity, property indices, capitalisation rates, development viability and long-term valuations, and continues to work on some of these issues.
Neil has given keynote addresses to major academic and professional conferences including the World Valuation Congress in 1999, the European Real Estate Society in 2014 and the Pacific Rim Real Estate Society in 2000, 2005 and 2014. In 2002 he was awarded the International Real Estate Society’s annual achievement award for his work in real estate research, education and practice and in 2014 was awarded the European Real Estate Society’s annual achievement award. His industry-based activity includes current membership of the RICS Valuation Expert Group (formerly the Standards Board) and past membership of the Consultative Committee of the Investment Property Databank and the Management Board of the Investment Property Forum. He was elected an Honorary Fellow of the Society of Property Researchers in 2014 and a Life Member of the Investment Property Forum in 2017. He was elected a Fellow of the Academy of Social Sciences in 2019.
Neil has been a member of the UK Research Excellence Framework sub-panel assessing the UK real estate academic output for the UK Government three times in 2001, 2008 and 2021. He still sits on a number of academic journal Editorial Boards. He has published over 150 papers on the various topics listed above and the fourth edition of his textbook on Property Investment Appraisal with Andrew Baum and Steven Devaney was published in 2020.
Qualifications
- PhD 1985
- MRICS 1975
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Neil CrosbyLong Term Value Methodologies in Real Estate Lending Analysis – Phase 2 project funded by the Investment Property Forum (with University of Cambridge) - £93,100
The Implicit Pricing of Property Attributes. RICS Education Trust 2012-2014 (with Jackson, Sheffield: Orr, Glasgow) - £7,500
Depreciation of UK and European Commercial Investment Property – 4 separate funded projects by the Investment Property Forum between 2004 and 2013 (with Devaney, Baum, Law, Nanda) – Circa £100,000+.
Monitoring the three separate UK Codes of Practice for Leasing Business Premises – 3 separate projcts funded by the UK Government (DETR, ODPM, CLG) between 1998 and 2009 (with Hughes, S. Murdoch, Markwell) – Circa £275,000.
The Status of Property Valuations – ESRC, February 2002 to May 2004 - £112,000 (with J. Murdoch).
Specialisms
- Property valuation
- Commercial leases
Location
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