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RICS Commercial Property

RICS Commercial Property refers to real estate used for business purposes, such as offices, retail shops, warehouses, and industrial spaces, that are managed or valued following standards set by the Royal Institution of Chartered Surveyors (RICS). These standards ensure transparency, consistency, and professionalism in how properties are assessed, bought, sold, or managed. RICS professionals use their expertise to provide accurate valuations, advice, and valuation reports, helping investors, landlords, and tenants make informed decisions about commercial real estate. This framework promotes trust and clarity in the commercial property market.