DTZ

Valuation expertise on behalf of the United Real Estate Company in Kuwait for eight, mixed-use properties.

Overview

DTZ was instructed to provide a valuation report on behalf of the United Real Estate Company in Kuwait, as part of the client’s annual internal audit in respect of eight, mixed-use properties including office, retail and residential as well as a single parcel of undeveloped land.

What DTZ did

In arriving at the market value of the subject properties, DTZ adopted a number of valuation approaches including direct comparison, profits method and residual in relation to the undeveloped plots.

Results

The client was provided with a market valuation which they were able to rely upon as part of their due diligence exercise.