Cookie Use Notification

This site uses cookies to provide you with a more responsive and personalised service.

By using this site you agree to our use of cookies as set out in our cookie notice. Please read our cookie notice for more information on the cookies we use and how to delete or block the use of cookies.

Pylos - Retail & office valuation : 5 properties


Click to Enlarge

The Challenge

In winter 2011, our client Pylos had plans to acquire 5 mixed properties (Retail, office and Residential) for redevelopment. The properties were located in the city centre of Luxembourg.
The purpose of the valuation was for financing.


The Solution

A detailed visit of the properties was put in place in order to assess the current value and the potential after redevelopment.

We analyzed the market for each of the 3 sectors (Retail, Office and Residential) and provided Pylos with different scenarios. (Sale per unit or by block, types of refurbishment, etc)

Different scenarios gave different values. Those results helped Pylos in their decision on how to best redevelop the properties and present their case to the Banks.


The Results

Despite the short timing, the final reports were delivered 2 weeks after the start of the assignment as requested.
Pylos was able to proceed with the deal.

Contact

Kris Peetermans

Head of Valuation

Brussels, Belgium

Phone +32 2 546-0876

Contact me