global property valuations - knight frank€¦ · accurate valuations are critical in today’s...
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ValuationsGLOBAL Property
OUR NETWORK AND EXPERIENCE
VALUATIONSAs one of the largest and highest profile global valuation practices, Knight Frank’s team of professional experts provides a comprehensive range of valuation and market appraisal services across all sectors.Our ability to draw upon the significant resources available throughout our global network of leasing, capital markets and other industry specialists allows us to add value for our clients, rather than to simply report it.
In 2013
THE CAPITAL VALUE OF LAND AND BUILDINGS VALUED BY
KNIGHT FRANK EXCEEDED
$1 TRILLIONUS DOLLARS GLOBALLY
Rupert Johnson Head of Global Valuations +44 20 7861 1284 [email protected]
KNIGHT FRANK 3GLOBAL VALUATIONS
Automotive Tom Poynton+44 121 233 6428tom.poynton @knightfrank.com
UNITED KINGDOMFrom our global headquarters in Central London and regional office network, the UK team value in excess of £200 billion worth of assets each year. We advise on everything from single properties to multi-billion pound portfolios.
Residential Development Justin Gaze+44 20 7861 5407 justin.gaze @knightfrank.com
CommercialRobert Gray+44 20 7861 1290robert.gray @knightfrank.com
Commercial Lending and Due Diligence Jeremy Tham+44 20 7861 1769jeremy.tham @knightfrank.com
Residential James Thompson +44 20 7861 1075james.thompson @knightfrank.com
Head of Global ValuationsRupert Johnson+44 20 7861 1284rupert.johnson @knightfrank.com
Healthcare Julian Evans+44 20 7861 1147julian.evans @knightfrank.com
Student Property Neil Armstrong+44 20 7861 5332 neil.armstrong @knightfrank.com
Hotels Ian Elliott+44 20 7861 1082 ian.elliott @knightfrank.com
Institutional Emma Cleugh+44 20 7861 5427 emma.cleugh @knightfrank.com
KNIGHT FRANK 5GLOBAL VALUATIONS
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01 UK fund,
United Kingdom
Sector Office
Detail Knight Frank provides quarterly valuations for a UK fund, including a 107,000 sq ft office building in Manchester.
02 UK banking group,
United Kingdom
Sector Logistics
Detail Valuation for secured lending for 845,000 sq ft of industrial warehousing for their client’s distribution facility.
03 Healthcare fund,
United Kingdom
Sector Healthcare
Detail Due diligence and purchase valuation of a healthcare investment portfolio, comprising 12 private hospitals.
04 Royal Bank of Scotland,
United Kingdom
Sector Leisure
Detail Valuation for secured lending of Legal & General’s Leisure Fund Portfolio comprising seven leisure parks located throughout the UK. The total size exceeds 1 million sq ft.
05 International fund,
United Kingdom
Sector Student Property
Detail Knight Frank provided valuation advice on a 19-storey, 1,100 bedroom scheme in London, due to open in 2015.
06 Land Securities,
United Kingdom
Sector Multi-sector REIT
Detail Bi-annual valuation of wholly owned and joint-venture assets.
Land Securities’ property portfolio is worth approximately £11.76 billion (at 30 September 2013) making it one of the UK’s largest Real Estate Investment Trusts. Land Securities own and manage approximately 26 million sq ft of commercial property and provide property services to more than 2,500 private and public sector clients.
07 British Land,
United Kingdom
Sector Multi-sector REIT
Detail Bi-annual valuation of various owned and joint-venture assets.
British Land is one of the largest property development and investment companies in the United Kingdom, with over 28 million sq ft of retail space and 6 million sq ft of offices. At 30 September 2013 UK assets owned totalled £11.197 billion.
IrelandGlenn Kealy +353 1 634 2468glenn.kealy @ie.knightfrank.com
BelgiumFilip Derijck +32 2548 0555filip.derijck @be.knightfrank.com
Czech RepublicStewart Thomson +420 224 217 217stewart.thomson @cz.knightfrank.com
ItalyAntonio Zagaroli +39 02 4537 7310antonio.zagaroli @it.knightfrank.com
PortugalJosé Covas +351 217 99 99 60jose.covas @worx.pt
RomaniaRoxana Bencze+40 21 380 85 85roxana.bencze @theadvisers.ro
France Aron Shadbolt+33 1 43 16 88 96aron.shadbolt @fr.knightfrank.com
EUROPEWe combine the benefits of a central contact point via our London based team working with our local valuers across the Eurozone, CEE and Russia to provide a high quality valuation service.
Head of European Valuations Nick Powlesland+44 20 7861 1283nick.powlesland @knightfrank.com
GermanyKlaus Dallafina+49 69 55 66 3370klaus.dallafina @de.knightfrank.com
PolandGrzegorz Chmielak +48 22 596 50 50grzegorz.chmielak @pl.knightfrank.com
SpainJosé Manuel Sanchez +34 915 959 083josemanuel.sanchez @es.knightfrank.com
RussiaOlga Kochetova +7 495 981 0000olga.kochetova @ru.knightfrank.com
NetherlandsSiem-Jan Vos +31 20 707 30 [email protected]
KNIGHT FRANK 9GLOBAL VALUATIONS
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01 The Rivoli Asset,
France
Sector Retail
Detail Bi-annual valuation of their retail portfolio comprising six assets for financial statements disclosure purposes.
02 Madison International Realty,
Germany
Sector Office
Detail Knight Frank provided a full acquisition report on the 68,655 sq m Trianon Tower, a 45-storey building in Frankfurt’s Westend-Süd.
08 Invesco Real Estate’s open-ended pan-European fund,
The Netherlands
Sector Retail
Detail Knight Frank was appointed to provide quarterly performance measurement valuations of the Entre Deux Shopping Centre. The property was redeveloped in 2006 and won the ICSC European Shopping Centre Award in 2008.
07 Heitman European Property Partners IV,
Russia
Sector Office
Detail Metropolis Office Building II is a nine-storey, Class A office building in Moscow. Knight Frank provided annual valuations for internal accounting purposes.
05 Westdeutsche Immobilien Bank,
Czech Republic
Sector Logistics
Detail Rudna Logistics Park is one of the largest in the Czech Republic. The valuation, for secured lending purposes, involved both completed phases and additional development land at the scheme.
06 AXA Real Estate Investment Managers,
Italy
Sector Shopping Centre
Detail Valued on a quarterly basis as part of AXA’s Added Value funds, the shopping centre is located in Benevento within the Campania region. It comprises a gross lettable area of 18,566 sq m and is leased to 49 tenants.
04 Colony Capital,
Spain
Sector Retail (Shopping Centres)
Detail Valuation of the Thader Shopping Centre in Murcia. Comprising 135 retail units in a 47,000 sq m GLA and 6,500 parking spaces.
03 Delta Lloyd Life SA,
Belgium
Sector Office
Detail A 6,000 sq m office building in the heart of the European District in Brussels. Knight Frank provided valuation for accounting purposes.
Abu DhabiAvene Muego+971 56 6228 300avene.muego @me.knightfrank.com
Abu DhabiNiamh Keane+971 56 6166 943niamh.keane @me.knightfrank.com
DubaiDale Qi Shen+971 56 1100 241dale.qishen @me.knightfrank.com
MIDDLE EAST
DubaiJonathan Jeffrey+971 56 1100 251jonathan.jeffrey @me.knightfrank.com
Accurate valuations are critical in today’s shifting property markets, our team of experts provide comprehensive residential and commercial property valuation services across the United Arab Emirates and the Middle East.
Director of Professional ServicesStephen Flanagan +971 50 8133 402stephen.flanagan @me.knightfrank.com
DubaiStefan Burch+973 3955 3776stefan.burch @me.knightfrank.com
Abu DhabiStacy Burns +971 56 1786 678stacy.burns @me.knightfrank.com
KNIGHT FRANK 13GLOBAL VALUATIONS
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03 Masdar,
Abu Dhabi, UAE
Sector Public Sector
Detail Instructed to provide a valuation of Phase 1 Masdar City comprising 60 land plots and covering a total area of 988,033 sq m, which included commercial, retail, residential and education sectors.
01 Emaar,
Dubai, UAE
Sector Commercial and Offices
Detail Instructed to provide regular asset management and valuation advice on two business parks.
02 BFH Financial Centre Development
Company, Bahrain
Sector Commercial and Residential
Detail Instructed to undertake the annual valuation of the prime commercial development in Bahrain. This included a comprehensive review of Bahrain’s residential and commercial property market.
06 Mobily,
Riyadh, Saudi Arabia
Sector Commercial
Detail Provided due diligence and valuation advice for two major commercial towers in Riyadh, for a leading Saudi telecoms company. The instruction included a review of the office towers which were partially constructed, focusing on future asset management and asset optimisation, as well as a full operational review with regard to the wider master plan.
05 Saudi Bin Laden Group, Mecca, Saudi Arabia
Sector Retail
Detail Knight Frank was instructed to provide a valuation for secured lending purposes for the podium of the Abraj Al Bait scheme in Mecca. The valuation comprised reporting the leasehold value of the asset which was primarily in retail use.
04 Movenpick Hotel,
Dubai, UAE
Sector Hospitality
Detail Knight Frank was instructed by a private overseas investor who required due diligence for a valuation of the hotel and hotel staff accommodation for acquisition purposes.
07 Qatar 2022,
Doha, Qatar
Sector Mixed
Detail Knight Frank carried out multiple valuations of a major portion of the Lusail City Master Plan. This included both residual and comparable land valuations that were to be used as part of a potential negotiation.
AFRICAActing on behalf of residential and commercial owners, investors and occupiers, Knight Frank’s African valuation specialists provide timely, accurate and professional valuations for a wide range of purposes including transaction, financing, due diligence and securitisation.
BotswanaCurtis Matobolo+267 395 3950 curtis.matobolo @bw.knightfrank.com
Head of African ValuationsPeter Welborn +44 20 7861 1200 peter.welborn @knightfrank.com
ZimbabweAmos Mazarire+263 4 793 841/9 amos.mazarire @zw.knightfrank.com
TanzaniaAhaad Meskiri +255 22 211 3300 ahaad.meskiri @tz.knightfrank.com
NigeriaIsaac Folorunso +234 802 312 0561 info @ng.knightfrank.com
KenyaBernadette Gitari+254 725 777686 bernadette.gitari @ke.knightfrank.com
MalawiDon Whayo +265 1 823 577don.whayo @mw.knightfrank.com
South AfricaSusan Turner +27 21 671 9120susan.turner @za.knightfrank.com
DurbanMartin Fitchet +27 31 207 1183 martin.fitchet @za.knightfrank.com
UgandaJudy Rugasira Kyanda+256 41 341 391judy.rugasira @ug.knightfrank.com
ZambiaTim Ware+260 211 250 6330 tim.ware @zm.knightfrank.com
JohannesburgBrian Van Vuuren+27 82 570 0592 brian.vanvuuren @za.knightfrank.com
KNIGHT FRANK 17GLOBAL VALUATIONS
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07 Stefanutti Stocks Zambia Limited,
Zambia
Sector Offices
Detail Knight Frank provided a full valuation report for sale purposes of the 6,000 sq m PWC office park investment property in Lusaka.
03 Mashonaland Holdings,
Zimbabwe
Sector Retail and Offices
Detail Knight Frank provides annual valuations for the multi-storey premium grade office tower and the adjoining single-storey shops building. The buildings are part of a portfolio of 53 assets.
02 Office Building,
Nigeria
Sector Offices
Detail Knight Frank provides valuation for report and account purposes on an annual basis for an office building in Campbel Street.
04 Solms Delta Wine Estate,
South Africa
Sector Agricultural and Commercial
Detail Knight Frank provides annual valuations for accounting and secured lending purposes of the Solms-Delta Wine Estate, including the winery, museum and hospitality components.
05 National Bank of Malawi Limited,
Malawi
Sector Corporate
Detail Knight Frank undertook a full valuation of their new seven-storey 13,300 sq m corporate headquarters in Blantyre.
01 Confidential Manufacturing Company,
Uganda
Sector Offices
Detail This building is part of a portfolio of four properties valued by Knight Frank for secured lending purposes.
06 University facility,
Uganda
Sector Student Property
Detail Knight Frank carried out due diligence and purchase valuation of two campuses of an international university.
ASIA PACIFICFrom a network of offices across Asia Pacific, our teams provide comprehensive valuation and market appraisal services throughout the region.
Head of Asia Pacific Valuations Willson Kalip+62 8119 19165 willson.kalip @id.knightfrank.com
AustraliaDavid Castles+61 2 9036 6648 david.castles @au.knightfrank.com
India Saurabh Mehrotra+91 98192 29951saurabh.mehrotra @in.knightfrank.com
IndonesiaBayu R. Wiseso+62 1570 7170 ext. 200bayu.wiseso @id.knightfrank.com
SingaporeLow Kin Hon +65 6228 6860 kinhon.low @sg.knightfrank.com
MalaysiaChong Teck Seng+60 3228 99628teckseng.chong @my.knightfrank.com
New ZealandLayne Harwood+64 9 377 3700layne.harwood @nz.knightfrank.com
ThailandSurasak Limpa-Arayakul+66 2643 8223surasak.limpa-arayakul @th.knightfrank.com
Hong KongAlnwick Chan+852 2846 9551alnwick.chan @hk.knightfrank.com
ChinaSunny Han+86 21 6032 1778sunny.han @cn.knightfrank.com
CambodiaRoss Wheble+855 0 23 966 878ross.wheble @kh.knightfrank.com
KNIGHT FRANK 21GLOBAL VALUATIONS
07 CapitaMall Trust & Capita Commercial Trust,
Singapore
Sector Retail and Office REIT
Detail Knight Frank was instructed to value Raffles City Singapore, an integrated development comprising Raffles City Tower, Raffles City Shopping Centre, Raffles City Convention Centre, Swissotel The Stamford and Fairmont Singapore.
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01 ISPT,
Australia
Sector Office
Detail Following a valuation for acquisition of a pre-let, premium grade office tower with 37 floors of office space, eight plant and basement levels and two penthouses, Knight Frank continues to provide quarterly valuations of the property.
02 CT Corp and Standard Chartered Bank,
Indonesia
Sector Leisure and Retail
Detail Knight Frank is instructed on the valuation of this mixed-used complex located in Bandung City.
04 Sun Hung Kai,
Hong Kong
Sector Mixed-use
Detail Knight Frank was instructed to value the International Finance Centre complex (IFC) in Hong Kong’s Central Business District for accounts purposes.
03 Standard Chartered Bank,
India
Sector Multi-sector
Detail Knight Frank was instructed to value 25 properties, comprising residential apartments, commercial offices and bank branches in seven Indian cities, for the bank’s internal purposes.
05 Westfield Retail Trust,
Australia
Sector Retail
Detail Instructed by Westfield Retail Trust to undertake bi-annual valuations on six super-regional shopping centres in Australia. The total area covered is c.7.87 million sq ft.
06 Pavilion REIT,
Malaysia
Sector Multi-sector REIT
Detail Instructed by Pavilion REIT, one of the largest retail-focused REIT’s in Malaysia, to value their properties. Included was the 1.37 million sq ft Pavilion Kuala Lumpur Mall with over 500 retail outlets, and the 20-storey Pavilion Tower in the Central Business District of Kuala Lumpur.
USALandauer Valuation & Advisory, a division of Newmark Grubb Knight Frank, has provided unmatched quality insight into client assets for more than 75 years. Headquartered in New York with offices nationwide, the team has executed projects of every size and type, from a single property to large portfolios and mixed-use developments valued in the billions of dollars.
Gerald R. SandersExecutive Managing DirectorHead of National Portfolio & Business Development +1 646 441 [email protected]
Robert Von AnckenChairman and National Practice Leader - Litigation+1 212 3459 [email protected]
Andrew R. TackNational Practice Leader - Retail+1 646 441 [email protected]
Gregory P. KendallNational Practice Leader - Hospitality and Leisure+1 251 706 [email protected]
Dennis DuffyNational Practice Leader - Data Centers+1 202 639 [email protected]
KNIGHT FRANK 25GLOBAL VALUATIONS
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05 Chelsea Market,
New York, NY
Sector Mixed-useDetail Landauer provided a valuation of this 15-storey, 1.1 million sq ft retail and office development in the former National Biscuit Company complex, home of the famous Oreo cookie.
01 Wynn & Encore Hotel and Casino,
Las Vegas, NV
Sector HospitalityDetail Landauer provided a valuation of the 215 acre resort, which includes two towers (Wynn and Encore) totalling over 9 million sq ft.
04 Garden Apartment Portfolio,
Various locations throughout Texas
Sector ResidentialDetail Landauer’s valuation provided Macquarie Bank with an opinion on the market value of the entire Class A Garden Apartment Portfolio.
03 Hudson Yards Air Rights,
New York, NY
Sector Air RightsDetail Landauer created a mechanism that would enable the transfer of air rights to facilitate an 18 million sq ft mixed-use development over the Eastern Rail Yards.
06 Shoreland Apartments,
Chicago, IL
Sector ResidentialDetail Landauer provided a valuation and feasibility study of the 13-storey, 340,000 sq ft, former Shoreland Hotel. The historic lakeside building has been redeveloped to provide 330 luxury apartments.
02 Village Of Merrick Park,
Coral Gables, FL
Sector RetailDetail Landauer provided a valuation of a 854,000 sq ft, open air, three-level regional shopping centre that is anchored by Nordstrom and Neiman Marcus.
YOUR GLOBAL PROPERTY PARTNERThe four ingredients which set Knight Frank apart are our independence, our global network, and our commercial and residential platforms.
Through our US alliance with Newmark Grubb Knight Frank we have grown to a group of over 12,000 property professionals, in more than 335 offices in 52 countries. Being a partnership allows us to put our clients first, we focus on giving them the best advice
and putting long term relationships before short term wins. Trust and integrity are everything.
Working with private individuals, developers, investors, banks, corporate occupiers and public sector bodies we provide a range of agency, investment and professional consultancy services which are supported by our dedicated market research teams.
The combination of our people, research and technology has helped us grow our enviable track record and that’s why clients come back to us for their personal and professional property requirements.
OUR SERVICES w Agency
w Building Consultancy
w Business Rates
w Capital Markets
w Development Consultancy
w Facilities Management
w Global Corporate Services
w Lease Advisory
w Planning
w Project Management
w Property Asset Management
w Restructuring & Recovery
w Sustainability & Energy Consultancy
w Tenant Representation
w Valuations
w Workplace Consultancy
OUR AREAS OF EXPERTISE w Automotive Property
w Healthcare
w Hotels
w Logistics & Industrial
w Offices
w Public Sector
w Residential
w Retail & Leisure
w Rural & Agricultural
w Student Property
THECOMBINATIONOF
OURPEOPLE, RESEARCH AND TECHNOLOGYHAS HELPED USGROWOUR ENVIABLE
TRACK RECORD
AFRICA
BotswanaKenyaMalawiNigeriaSouth AfricaTanzaniaUgandaZambiaZimbabwe
ASIA PACIFIC
CambodiaChinaHong KongIndiaIndonesiaJapanMalaysiaSingaporeSouth KoreaTaiwanThailand–AustraliaNew Zealand
EUROPE
AustriaBelgiumCzech Republic FranceGermanyIrelandItalyMonacoNetherlandsPoland PortugalRomaniaRussiaSpainSwitzerlandUnited Kingdom
MIDDLE EAST
Abu DhabiDubai
AMERICAS
ArgentinaBrazilCanadaThe CaribbeanChileColombiaMexicoPeruUSA
KnightFrank.com@KnightFrank
Knight Frank Global Headquarters 55 Baker Street London W1U 8AN United Kingdom +44 20 7629 8171
The Knight Frank network consists of Knight Frank LLP and its direct subsidiaries which provide services in the UK and an international network of separate and independent entities or practices providing services internationally.