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A warehouse complex
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Project Information :

Category:

Valuation

Place:

Ras Zuwaid industrial area

A warehouse complex – Ras Zuwaid industrial area

This warehouse complex, which stands on 48,693 square meters of land, consists of 32 single-story, double-height buildings with an IPMS 1 of 32,000 sq.m.
Building layouts, IPMS 1 measurement, passing rentals, and occupancy percentages provided by the client were used in the valuation for mortgage purposes. We used the Income Approach and the Traditional Investment Method, relying on market comparable for monthly rents, All Risk Yield, and outgoings. When calculating outgoings, provisions were made for projected vacancy rates. This meticulous process resulted in a detailed value that was in line with the client’s mortgage evaluation requirements.