Valuation of commercial real estate
Valuation of commercial real estate is a key tool for determining the market value of properties used in business. PKF Valuation of Property offers professional commercial real estate valuation services, helping you make informed decisions based on reliable data.
What is Valuation of Commercial Real Estate?
Valuation of commercial real estate involves determining the value of properties such as office buildings, shopping centers, warehouses, and hotels. Factors considered include location, property condition, yield, and market conditions. This process provides a comprehensive understanding of the property’s market value.
Why is Valuation of Commercial Real Estate Necessary?
Valuation of commercial real estate is essential for purchasing, selling, attracting investments, obtaining loans, tax accounting, and insurance purposes. Knowing the actual value of assets helps companies make informed decisions and manage risks effectively.
Features of Valuation of Commercial Real Estate in Kazakhstan
In Kazakhstan, valuation of commercial real estate requires consideration of local legal norms and economic conditions. It is important to account for the unique characteristics of the real estate market in each region, as well as legal aspects such as encumbrances or existing tenants. PKF Valuation of Property, with over 20 years of experience in Kazakhstan, ensures high-quality commercial real estate valuation services while considering all these factors.
Advantages of Choosing PKF Valuation of Property for This Service
PKF Valuation of Property provides valuation of commercial real estate services based on deep knowledge of the local market and international standards. Our company is accredited by all banks in Kazakhstan, and our offices in nine cities across the country ensure convenience and timely service delivery.
When is Valuation of Commercial Real Estate Needed?
Valuation of commercial real estate may be required in the following situations:
- Buying and Selling Properties: to determine their fair market value.
- Attracting Investors: to enhance the company’s investment appeal.
- Credit Transactions: to obtain financing secured by real estate.
- Insurance: to establish the correct insurance amount.
- Tax Accounting: to accurately reflect asset values.
What Documents are Needed for Valuation of Commercial Real Estate?
The following list of documents is not exhaustive and may be supplemented as necessary:
- Identification for individuals or details for legal entities.
- Historical documents related to the acquisition of the commercial property (contracts, resolutions, orders, land plot acts, commissioning acts).
- Cadastral documents.
- Project and estimate documentation and engineering technical documentation.
- Information on encumbrances and restrictions.
- Details of lease agreements with third parties.
- Certificate of book value.
- Information on any repairs, renovations, or upgrades performed.
Which Banks Accept Our Valuation of Commercial Real Estate Reports?
Our valuation of commercial real estate reports are accepted by all banks in Kazakhstan (Halyk Bank, Bereke Bank, Forte Bank, Jusan Bank, NurBank, Eurasian Bank, Bank Center Credit, RBK, VTB Bank) and major financial institutions, including the Development Bank of Kazakhstan, the Eurasian Development Bank, the European Bank for Reconstruction and Development and BV Management.
Commercial real estate is a strategically important asset, and its valuation is a key element in business management. PKF Valuation of Property is ready to provide you with reliable data for making informed decisions. Leave a request for a callback, and our specialist will contact you for a free consultation and site visit for valuation.