When Do You Need a Valuation?
You invest in commercial real estate for profit. It’s that simple, right? Yes, but do you always know the true worth of what you’re buying, selling or holding? This month, we focus on valuations in Luxembourg.
Why value commercial property? Asset Manager Erwan Varron MRICS lists five of the main reasons that might interest you.
He also addresses the Who, How, When and What of valuation, and suggests what to expect in the Valuation Report that you receive at the end of the process.
If you invest in commercial property of any type or size, you will need it valued at some time or other. Read all about valuations standards in Do You Need a Valuation?
And once you’ve decided to request a valuation, what happens then? For an overview of the valuation process, have a look at Erwan’s follow-up article on The Valuation Process in Luxembourg.
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