Institutional Properties Valuers
School, hospital, town hall, polytechnic, university, college, sports, stadium, crematorium, cemetery, abattoir, chapel, temple, club, house, mosque, public library, museum, exhibition hall, – these are all example of institutional property. They have one, therefore, not open to sale transactions.
Building erected for factory purposes have usually been erected and designed to suit a particular purpose having regard to the present and future prospect of the industry. In the same way sites are selected which will give the greatest facilities for transport and in localities where there is an ample supply of skilled semi-skilled labour.