Appraisal from the landlord’s point of view

It is essential for the profitability and the long-term value of property to identify its prospects and risks before the acquisition and to take them into consideration in the purchase price. IMMORENDI offers technical and commercial appraisal (due diligence) of the property:

• Commercial analysis of existing leases
• Forecast of the market rents at tenant change
• Appraisal of appropriateness of the rental space for other/ (third-party-) tenants
• Identification of economic potential (increase of rents and/ or decrease of service charges)
• Evaluation of planning law possibilities
• Appraisal of the technical and maintenance condition of the property und estimation of the repair- and renewal costs in the following few years after acquisition
• Identification of other commercial and/ or technical prospects and risks

As a result of the appraisal the investor receives a recommended purchase price and a calculation of profitability. This calculation predicts the commercial performance of the property and the return on investment after the purchase.