CHALLENGE

Prepare a valuation report on behalf of both the Bank of Ireland and the Borrower of Ireland’s largest distribution warehouse.

Strategy

  • Inspect, measure and prepare detailed valuation report of a 833,550 sq ft (77,439.4m²) distribution warehouse let on a CPI lease arrangement. 
  • Undertake extensive comparable investigation in Ireland, England and Europe.
  • Devise complex benchmarking and analysis to reflect lack of direct comparables.   

SERVICES

  • Valuation and report prepared using facilities of our local (Dublin) resource and London based expertise valuation service.

RESULTS

  • Report and valuation completed to satisfaction of the client despite tight timescale and difficult market situation.