A themed issue on Valuation in tandem with the World Valuation Congress, which conducted its tenth, biennial Congress (WVC X) at the University of Cambridge, between July 21-24, 2003. Representative articles appear from PricewaterhouseCoopers, RICS, the University of British Columbia, UK Valuation Office Agency and Jones Lang LaSalle. Subjects covered included: the role of the professional valuer in a global environment; the future of the training of valuers; valuation standards, professionalism and competence; the need for international standards; examining the Congress theme in the context of corporate operational and financial strategies, and from the perspective of a public authority charged with valuing properties in England and Wales.