Our references
Adriatic Appraisal is an international real estate consultancy specialising in Southeast Europe (SEE). We are offering a wide range of innovative professional real estate services, mobilizing our locally-based teams and international know-how.
Have a look into some of ours latest references.
Project management & supervision
Technical due diligence, project mngt and construction supervision; refurbishment for an int’l fund.
Falkesteiner Hotel 250 rooms (2019)
Construction management
Construction mngt of ecological building; Personal reference on behalf of UN in Podgorica
1,500 m²
Technical due diligence
Technical and legal due diligence feasibility study of €5mn seaside resort development; int’l develop.
2,000 m² (2019)
Technical due diligence
Technical DD and highest and best use study of a ‘Socialist-type’ warehouse complex; for int’l bank.
750 m² (2017)
Project management
Project management of a serviced hotel 1450 at the ski resort Kolasin. Investment volume of €9mn..
35,000 m² GBA (ongoing 2020)
Feasibility study & concept.design
Apartment/cabin accommodation on a historical site for grant application.
8 apartments (2019)
Highest & best use concept.design
HABU and conceptual design for a hotel conversion of an historical office building; for int’l investor.
8,000 m² (2020)
Project monitoring
Validation of feasibility studies & TDDs and project monitoring of public grant applications.
50+ projects (ongoing 2020)
Defect diagnosis
Defect diagnosis of sport hall in Budva; On behalf of Olympic Committee Montenegro
Sport hall
Construction supervision
Supervision of the reconstruction of student dormitory, personal reference on behalf of World Bank
Students’ dormitory building
Construction management
Construction mngt of residential building. Personal reference; investment Gradnja Promet
8,000 m²
Construction supervision
Supervision of the reconstruction of Mainski Put in Budva, for the municipality of Budva
Public road development
Construction supervision
Supervision of the reconstruction of ulica Rifata Burdzevica in Rozaje, Montenegro, on behalf of the EU
Public road development
Construction management
Construction management of a residential building in Podgorica, for the private investor
2,500 m²
Construction supervision
Supervision of the construction of fire station in Berane, Montenegro on behalf of the EU
Fire station
Construction supervision
Reconstruction of Danilo I hospital in Cetinje; on behalf of United Nations Development Programme
Public hospital
Bosnia and Herzegovina
Valuation of development project in Ivanica (BH) at Dubrovnik; on behalf of a UK based developer.
40ha land, 17,000 m² bldgs (2017)
Bosnia and Herzegovina
Valuation of Alta Shopping Center, Sarajevo. Personal reference on behalf of HETA AG.
24,000 m²
Bosnia and Herzegovina
Valuation of hotel Medjugorje; on behalf of a local bank.
1,096 m² (2019)
Croatia
Valuation of Hotel Royal at the centre of Osijek, on behalf of an international investor.
4,000 m² (2020)
Croatia
Valuation a former monastery currently special purpose property on the Adriatic coast.
1,500 m² with 8,000 m² land (2019)
Various countries
Indexation and AVM pilot project covering main cities and property types in Montenegro, Bosnia, Serbia
Portfolio value indexation and AVM
Montenegro
The portfolio (mass) valuation of ca. 1,000 properties for CKB bank (OTP Group); within a period of 3 months.
More than 1,000 properties (2018)
Montenegro
Valuation of penthouse units in Regent Hotel, Porto Montenegro; on behalf of UAE based investor.
Penthouse units (2017)
Montenegro
Valuation of a listed Venecian palace in Dobrota, Kotor; on behalf of an Italian based stakeholder.
850 m² (2017)
Montenegro
Valuation of a special-purpose logistic centre, Podgorica, Montenegro; on behalf of an international bank.
4,000 m² (2020)
Romania
Valuation of the iconic Hotel Continental at the centre of Cluj-Napoca; on behalf of an int’l investor.
8,500 m² (2020)
Romania
Portfolio of 160 residential properties across Transylvania; on behalf of an international factoring firm.
160 residential properties (2018-19)
Romania
Valuation of building land plot in Timisoara; on behalf of an Austrian based corporation.
26,000 m² (2019)
Slovenia
Valuation of modern office building in Ljubljana; on behalf of an Austrian based bank.
10,000 m² (2018)
Slovenia
Analysis of public auction discounts and valuation on EBA guidelines for NPLs of PlanetTUS shopping centres
Portfolio of 17 properties (2019)
Serbia
Valuation of an office building at the centre of Novi Sad; on behalf of an international investor.
2,000 m² (2020)
Southeast Europe
Regional residential market overview of Belgrade, Ljubljana, Podgorica, Sarajevo and Zagreb
Five capital cities, residential
Bosnia and Herzegovina
Country and economic overview of Bosnia and Herzegovina, including construction, FDI, tourism overview
Country report
Montenegro
Liquidity analysis of the newly-built residential market for risk assessment of project financing
Coastal Montenegro, residential
Montenegro
Market snapshot of the office market segment of Podgorica___________________________________
Podgorica, office
Feasibility study with technical due diligence
€5mn seaside resort development on behalf of an int’l developer.
5,000 m², Montenegro (2019)
Valuation and technical due diligence
4* hotel along the Adriatic coast for an int’l real estate fund.
250 rooms, 4* Falkensteiner (2019)
Highest and best use study with technical due diligence
‘Socialist-type’ warehouse complex; on behalf of an int’l bank.
12,000 m², Montenegro (2017)
Highest and best use study with conceptual design
Hotel conversion of an historical office building (limited format).
2,000 m², Slovakia (2020)
Feasibility study and conceptual design
Apartment/cabin accommodation on a historical site for grant application.
8 units, Romania (2019)
Feasibility study and conceptual design
Horse-riding court and stable development project.
1000 m2 , Ukraine (2020)
Financial analysis and conceptual design
A sport hall development for grant application.
2,500 m², Romania (2020)
Grant validation (with project monitoring)
Validation of feasibility studies of public grant application; incl. TDD.
50+ projects, Serbia (ongoing 2020)
Valuation & investment brochure dodatni text
€140mn-investment hospitality and residential development project.
100,000 m², Montenegro
Investment brochure ____________________
Financial overview on the yield expectations of a 4* hotel.
3,000 m², Adriatic Coast
Investment brochure ____________________
Financial overview of a €2mn villa development for sales purposes.
2,500 m², Adriatic Coast
Investment brochure ____________________
Financial overview of a €30mn resort development for sales purposes 60,000m², Adriatic Coast
Legal due diligence _______________________
Residential building with planning issues; for sales purposes.
800 m², Montenegro (2019)
Distressed asset management _______________________
A portfolio of €400mn assets; personal reference for int’l bank.
Montenegro ca. 600 properties
Repossession price calculation _______________________
Defining the applicable intervention price for bank repossessions.
Variety of property types, SEE (2018)
Public auction discount analysis _______________________
For NPLs of PlanetTUS shopping centres (in line with EBA guidelines) 17 shopping centres, Slovenia (2019)