|
|
Development of a valuation technique and contract management
|
|
The situation: Our client is a publicly owned real-estate group. The company acquires a large amount of properties from other publicly owned organizations or companies. Each property requires substantial investments (i.e. demolition or refurbishment). Our client wants to use a standardized valuation technique to determine the purchasing price or any differences it might have to pay. Our services: In close corporation with our client tivona partners analyzed many properties and determined their value, necessary investments, potential risks and likely administrative and handling costs. We developed a standardized valuation technique that was used to evaluate several hundred properties. Due to shortage of staff on client side tivona partners also administered the contract management. Benefits for the client: The standardized evaluation of most properties could take place after only a few weeks. Speeding up the acquisition process as well as increasing transparency and objectivity of the evaluation process benefited our client greatly. |