Iulius Group required a comprehensive Year End accounting valuation of its five shopping centers and adjoining office buildings, located in major cities throughout Romania. These significant prime regional assets are landmark properties in the market, pioneering in Romania the synergy between office and retail elements.
Cushman & Wakefield Echinox initially undertook the inspections of the properties along with representatives of the owner and management staff. An analysis of major items including tenancies, turnover levels and footfall figures was undertaken, as well as a full review of the retail market. Our valuation team worked together with our retail leasing team in order to deliver an accurate overview for each project and their market position.
Cushman & Wakefield Echinox successfully delivered the comprehensive market reports and valuations in accordance with the high standards set by Iulius Group. Our valuation benefitted from detailed research and analysis, from the market intelligence sourced from our active retail agency teams and shopping centre & office specialists.