Taking Help of Estate Agents to Get Property Evaluated

A further 22,000 sq m of German property has been notarised at a cost of €58m. The portfolios comprise office buildings and two new retail warehouses with the latter being let to excellent tenants on new 15 year leases. The purchase prices reflect net initial yields of in excess of 7%.

‘I believe there is still significant value to be harvested across Europe but it will be a return to the ‘old faithfuls’ for value creation from now on: genuine market understanding, asset selection and active management will be the key drivers. Comprehensive, detailed market knowledge and penetration are now indispensable tools; the transparency and ease of access that we take for granted in the UK simply does not exist, even in old European countries, such as Germany. The direct consequence of this environment is an uneven perception of value, which, in effect, creates an arbitrage opportunity for the intelligent investor.’

There is one further building, currently housing a spacious restaurant with gorgeous views over the moors. Within this building there is also an exhibition mezzanine area, secondary kitchen and a further cloakroom. Valuating full building or property will give you the full idea or estimation of the house. These ancillary buildings are mainly surrounded by courtyards finished with cobbles, flagstones and gravel. In all there is 2 acres of land in which there is a pretty orchard and stream.

That these developments are taking place without apparently triggering major concerns or even active debate can perhaps be attributed to two prevalent assumptions within the industry. They previously worked together at Blair Kirkman. Andrew will focus on UK occupier agency work and Ben will focus on UK landlord agency work. Calum Ewing will join from Atisreal Ltd where he is an Associate Director leading its Retail & Leisure Agency team focusing on occupier and landlord agency work. Calum will focus on Central London retail and high street agency work.