TY - JOUR AB - In 2003 HM Treasury published a revised “Green Book”, otherwise known as The Green Book Appraisal and Evaluation in Central Government – a technical guide, which is designed to help decision makers appraise and evaluate capital expenditure decisions more effectively. Coincidentally, the RICS brought out its revised edition of the “Red Book”, now called The Appraisal and Valuation Standards, in March 2003. This paper looks at the development and recent changes to these documents particularly from the viewpoint of a public sector property practitioner involved in day‐to‐day appraisal. VL - 22 IS - 2 SN - 1463-578X DO - 10.1108/14635780410536188 UR - https://doi.org/10.1108/14635780410536188 AU - Andrew Anthony AU - Pitt Michael PY - 2004 Y1 - 2004/01/01 TI - Property appraisal in Government T2 - Journal of Property Investment & Finance PB - Emerald Group Publishing Limited SP - 192 EP - 199 Y2 - 2024/03/29 ER -