Business premises
Property Advisory
Arco Vara is very pleased to inform you that we are now offering our clients Property Advisory service with which professionals from the field will help you find the solutions you are looking for in the following areas:
• Market Research
Arco Real Estate prepares regular reviews for the countries where its branch offices are located. All market segments in those countries are monitored and a general evaluation on the present market situation, as well as prognosis, is given.
In order to find out the growth potential, trends, options and risks connected to the property in question, the market research compilation proceeds from the customer’s needs, thereby taking into account the specific market segment of a region.
We offer prognoses on changes in rental rates, the volume of bids by property type and by market segment.
All our market overviews can be downloaded from the group’s corporate webpage www.arcorealestate.com or here.
• Due Diligence
Among other things, due diligence encompasses the following work tasks and analyses: technical inspection, environmental inspection, legal analyses, highest and best use analyses, corresponding market segment analysis and the context of the object within these variables. To quarantee the competency and adequacy of a service, Arco Real Estate utilizes the best internal and external labour forces in the field, which ensures the competence and adequacy of the service.
• Highest and Best Use Analysis
In the course of the best highest and best use analyses we map the object, analyze the efficacy of prior property exploitation and the potential of the property, keeping in mind the physical possibility, substantiation, legality and the purpose, which results in maximal property value.
In the process, we try to determine the alternatives for usage, risks, dangers and opportunities concerning the property in question, to secure its optimal usage.
To guarantee cost- effective management, in cooperation with our administrative department, we map the key indicators of the property in use.
We find answers to the questions whether to hold or lease? Whether to invest in a property or to sell it? What is the substantial expected productivity of an investment?
• Property Concept Development and Investment Feasibility Study
Arco Real Estate is able to offer know- how and customer representation throughout all the stages of property investments, staring with the concept of investment all the way up to the sale of property to international or local investors (e.g. funds)
Our counseling, which can be offered in developmental stages, is a follows: original idea, initial project analysis, verification of project profitability. Feasibility analysis, organization of financing, construction, holding (lease), marketing (property resale).
In the course of the investment feasibility analyses, the physical possibility of the concrete investment activities is determined, as well as its economic foundation and its legality.
• Property Valuations (valuation reports)
We offer property valuations for:
-Preparation of annual financial reports
-Mortgage financing
-Valuation of objects and portfolios consisting of properties in the process of purchase- sale transactions
• Consultations regarding energy savings in buildings:
-energy audit of apartment buildings
-issue of an energy label
An energy label is a document which indicates the amount of energy consumed by a building in order to maintain an indoor climate as compared to the average amount of energy consumed by other similar buildings. The energy label shows the actual or presumed annual amount of energy consumed by a building or its separate part in order to maintain indoor climate. Energy consumption may include the amount of energy necessary for heating up or cooling down the building, heating up water and for ventilation and lighting. An energy label will be appended with a list of economically justified measures necessary to reduce the building's energy consumption.
-energy calculation
Energy calculations are performed pursuant to the regulation providing for minimum energy-efficiency requirements. Calculations are performed using special software and taking into account local climatic conditions (temperature, air humidity and solar radiation). In the course of the calculation process the building’s geometric parameters (areas of external walls, position with regard to compass points, structure of the walls and shadows cast by the buildings in the vicinity) and technical parameters (power consuming equipment, heating system, preparation of domestic hot water, ventilation and refrigeration) are entered in the software. The result of the calculation shows the specific energy consumption of the planned building. This indicator forms the basis for the issue of an energy label and it also shows whether the building’s energy consumption corresponds to minimum requirements.
-rapid energy monitoring of production buildings
Rapid monitoring of a production complex in the course of which the entire complex is visually inspected, data are collected and elementary calculations made in order to determine whether the energy consumption is optimal.
-rapid energy monitoring of business buildings
Rapid monitoring forms a part of the property-related consultations offered to business clients encompassing the determination of maintenance and operational characteristics of the buildings’ utility systems, building shells, and power, heating and ventilation systems and the analysis of consumption data.
The inspection carried out in the course of rapid monitoring:
- provides an overview of the energy consumption of the respective object
- shows the apparent saving possibilities and assesses saving potential
- points out necessary steps to be taken
- may include simpler calculations
- presents the initial distribution of energy consumption
- enables the preparation of a short report
We have the long- term experience needed for valuation of property for commercial, residential and industrial purposes.
The work of our property valuators is based on the International Valuation Standards and the National Valuation Standards, which basically specify the International Valuation Standards proceeding from the national conditions. The expert valuations are acknowledged by the professional valuators, whose qualification exam relies on the regulations established by the TEGOVA (The European Group of Valuation Organisations).
Our team is made up of analysts and appraisers who all have more than three years’ experience in the field. The experience of the Arco Vara group, the momentum generated from its three areas of operations (service, development and construction) and its strong geographical and partner network ensure that we can find the best solutions. Our service is independent, although outside experts can be involved in subcontracting procedures if required.
We would be more than happy to put together an offer for you!
Please find the brochure of Property Advisory service HERE
Yours sincerely,
Appraisal Department
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Tallinn - Hindamine tel: +372 614 4622 |
