A goal of the Israel IVS Forum is to advance adoption of International Valuation Standards (IVS) in Israel.

The IVS are principles based standards intended to integrate with detailed local standards in each jurisdiction. Whilst the IVS deal with global generally accepted valuation principles, local detailed standards may expand on them, delve deeper and/or add further guidance and standards dealing with local implementation and statutory valuation issues.

One of the goals of the Israel IVS Forum is to develop performance measurement indices for the Israeli commercial real estate sector. These will advance Israel’s ranking in the JLL Global Transparency Index. Today Israel is ranked semi transparent. Raising transparency in Israeli real estate is part of our mission statement. Commercial real estate indices will also support indirect investment flows into Israeli real estate as exchange traded funds and other index trackers might be obliged to invest in Israeli assets.