LSH today announced that all commercial properties within the jurisdiction of Dublin City Council (DCC) are to be re-valued for rating purposes as prescribed under the Valuation Act 2001. The relevant date for valuation purposes has been set as the 7th April 2011.
Proposed Valuation Certificates were issued between October 2012 and February 2013 by the Valuation Office confirming the proposed rental value placed on each property in the jurisdiction.
At this juncture Occupiers have the opportunity to make representations to the Valuation Office. The Valuation Office have a period of up to six months from the date of receipt of representations prior to issue of Final Valuation Certificates having regard to representations made.
Upon receipt of this document and as provided under the Valuation Act 2001, each Occupier will have a final opportunity to lodge a Formal Appeal (within 40 days) to the Commissioner of Valuation. Lambert Smith Hampton have made representations on behalf of a wide range of clients in the industrial, office and retail sectors.