Real estate valuation
We provide IVS, IFRS and RICS Red Book valuations, as well as court-certified valuations, for loan security and accounting purposes, for legal actions and to support pre-sales decision-making. Our teams of RICS members and local court experts are contracted with most major local banks/financiers and geographically we cover all parts of the countries we operate in.
Performing hundreds of valuations yearly in the region, we have extensive references, covering commercial, residential, development, trade-related and specialised properties. For the best result, we apply our real estate market database, which contains tens of thousands of asking prices and transaction. Our database has been developed and is continuously maintained by our market research team, and utilises ‘on-field’ data obtained locally by our investment and building surveying teams.
Our services are covered by our professional indemnity insurance policy.
Further details
Besides our standard valuation solutions, we offer the following specialised valuation services:
- Our local valuers – utilising our truly on-site network and experience – work jointly with hotel valuers from the UK, and can perform the most complex valuations of hotels and trade-related properties at competitive rates.
- Supported by our real estate market research unit and database, we are also capable to perform valuations or indexations of large real estate portfolios in a quick and cost-effective way, applying our statistical (AVM) and mass valuation methods developed for these purposes.
- Upon request, we also perform valuations of machinery and equipment.
Our services are covered by our professional indemnity insurance policy.
Our latest references in real estate valuation
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, BiH, 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)