Clients

Customers and clients

REAL ESTATE SURVEYORS WITH A SENSE FOR THE BUSINESS BEHIND IT

REAL ESTATE SURVEYORS WITH A SENSE FOR THE BUSINESS BEHIND IT

What our clients have in common is that they have a complex and specialized real estate portfolio that serves their different business models. A real estate surveyor should not only understand these properties, but also the business model of his clients and customers.

Real estate funds

Capital management companies that invest their investors' money in real estate (i.e. real estate funds) are required by law to have their real estate holdings valued once a year.

For this purpose, a real estate appraiser must be appointed and notified to BAFIN. BAFIN places high demands on the qualifications, working methods and reputation of the respective real estate appraiser. The real estate appraiser is not allowed to work for the real estate fund until he or she has received confirmation from BAFIN.

It is therefore easier, faster and safer for KVGs to appoint a real estate evaluator who is already registered with BAFIN.

CHURCHES, FOUNDATIONS, NON-PROFIT ORGANIZATIONS

For churches, foundations, associations and other non-profit and charitable organizations, real estate is often part of the asset base. The assets are intended to generate income in order to be able to fulfill the tasks set out in the articles of association.

As real estate appraisers, we therefore often look for ways to optimize returns. However, we are also typically involved in the purchase and sale process.

The church building is a typical special property. In order to be able to maintain it in the long term, investments have to be made on a continuous basis, so that questions of financeability and lendability have to be answered.

Family Offices

Family offices, wealthy families and individuals with complex asset structures face the challenge of preserving their wealth and passing it on to the next generation.

Real estate is often valued as a basic investment for such long-term assets, as it is ideally suited to mastering these challenges. But corporate real estate as the nucleus of family wealth is also often encountered.

Typical tasks for the real estate expert are therefore to determine tax values (inheritance tax!) and balance sheet values or to prepare long-term potential analyses.

REAL ESTATE COMPANY

REAL ESTATE COMPANY

Project developers, housing companies and housing construction companies as - they all have real estate as an economic asset at the center of their business activities.

However, the business models of real estate companies can be highly diverse and encompass very different real estate classes, depths of value creation and time horizons.

The tasks we take on as real estate appraisers are correspondingly diverse. They cover our entire range of services: from market value appraisals and tax valuation issues to potential analysis.

CORPORATEs

For companies - also known as corporates in distinction to real estate companies - real estate is not the focus of business activity, but is a "means to an end".

The real estate is therefore a production factor, which is needed for the implementation of the actual business purpose. Think of production halls and warehouses, stores and office spaces.

If the company is the owner of the property, property-related questions must be answered – e.g., about the value of the property in the event of restructuring. Or – very importantly – to exploit financing potential, such as bank loans or sale-and-lease-back.

INSTITUTIONAL INVESTORS

Institutionelle Anleger -hierzu gehören zum Beispiel Versicherungen und Pensionsfonds - investieren in Immobilien, um bestimmte Vermögensanlageziele zu erreichen.

Real estate plays a major role in the investment strategies of such “institutional investors”, as it can be used to achieve many investment objectives, such as return and liquidity targets. Very often, real estate is used to preserve capital in the long term and to protect against inflation.

As real estate surveyors, we therefore accompany institutional investors in their investments (i.e. purchases and sales) and prepare potential analyses with regard to the investment objectives.

Banks

Banks and credit institutions are still the most important real estate financiers. Therefore, for banks - and their customers - the question of a property's eligibility as collateral is crucial.

When determining mortgage lending values, banks and the real estate surveyors face a large number of legal and regulatory requirements.

In particular, high demands are placed on the qualification of the appraiser. Our appraisal office prepares Mortgage lending value assessments by an independent real estate appraiser certified according to DIN 17024 and thus fulfills the requirements of §6 of the German Mortgage Lending Value Ordinance (Beleihungswertverordnung).

 

PUBLIC SECTOR

Cities, municipalities, the federal states, the federal government: the public sector is one of the most important players in the real estate market.

The public sector owns a large number of properties – directly or indirectly through holdings in companies, foundations or special funds – ranging from theaters and museums to administrative buildings and military sites. This is why our services are called upon in their entirety.

Public project development companies also ask us to determine compensation payments when land is needed for public infrastructure projects.