Overview
The appraisal based on 3 different approaches: cost approach, comparative approach and profit approach. Data which showed real cost of constructing the building with the same characteristics has been taken from the company’s technical departments. On the basis of received information the customer had opportunity to compare obtained value with the bid price.
Technical data
Total area of the building — around 1700 sq.m
Number of floors — 1 floor;
Building year — 2005;
Free-pattern layout
Project results
Consultants have prepared the document containing data substantiated Consultant’s conception of equitable rental rate for the specific building.
Project team
Customer — KMB Bank
Consultant — GVA Sawyer
