Terranvm

Challenge 

The portfolio valued by CBRE has more than 30 projects distributed between industrial and commercial land, office buildings, industrial parks and mixed-use projects. The total area of the portfolio corresponds to about 1.95 million m² of land, 405 thousand m² of profitable area that is divided between office spaces, commercial assets and office projects in development, located in 7 cities of the country.

The challenge with TCP was generated by the need of the real estate fund to know the net value of the assets (NAV) that comprise it. Specifically, identifying the added value of the portfolio that would allow for successful decision making by the shareholders and administrators of the fund as well as a monitoring and control process by the entities in charge.

Solution

In order to give an optimal response to the client's needs, the CBRE team decided to use a technique with international parameters for the valuation of the assets of this portfolio, with the particularity that they are properties that are not offered in the stock market.

Thanks to the experience and technical knowledge of the team in charge, they were able to identify the main sources of value of the real estate fund and therefore a correct estimate of value, generating an efficient and effective response for the client.

Thanks to this process, CBRE VAS continues to be the TCP header Valuation & Advisory consultant and several stages of the aforementioned NAV have already been carried out.