Philosophy

Rapid developments in the real estate industry are leading to an increase in the complexity of questions presented to advisors by investors, users and financing banks. IAS/IFRS accounting practices and reforms in financing, such as Basel II, have caused major changes in risk analysis for real estate and its markets. Industry and businesses are now focusing more towards their core businesses and are favoring leased or let space over owner-occupied real estate. This is a trend which must be monitored closely, as must the trend by investors to consider real estate as a commodity, acquired solely for the purpose of accumulating larger portfolios. These are influences which mean that the old-school style real estate appraiser can be out on a limb, with little room to manoeuvre.

With our broad and detailed knowledge of the affected markets and of developments in the real estate industry and in the theory and practice of appraisals, our company has the qualifications and experience necessary to effectively deal with these dynamic changes. Our company also places great importance on assuring market participants of our independence from financing and brokerage.

A global, rather than subjective, knowledge of the product and the processing and analysis of all relevant spatial market and real estate developments is required to ensure early recognition and control of risks which influence such issues as acquisition strategies. This requires the utilization of analysis tools to ensure a continual updating and maintenance of the contents of real estate and market information databases and a continual adjustment in accordance with prevailing developments. In terms of subject knowledge and personnel resources, this is realizable only through the use of larger teams.

The main focus of our company is to ensure that instructions are followed to the highest of standards and that deadlines are met, with the utmost flexibility in approach and with an optimal processing of instructions and appraisals. This should be achieved through the qualification of partners, employees and also consultants and through an effective internal organization.

The company’s affiliation with a large network of renowned German real estate appraisers, operating out of Germany’s most important economic centers, is a further important step towards confronting the current challenges to the real estate industry