CB Richard Ellis offers clients full in-house Сonsulting services covering the office, retail, industrial, entertainment, residential, hotel, and mixed-use segments of the real estate market. Continuously tracking the Russian market supply, demand, and absorption, our team is dedicated to providing the most accurate and current information, the importance of which cannot be understated at a pivotal time in market conditions.
Our Studies, including Highest and Best Use Analysis, Concept Development, and Project Feasibility, define the basic tendencies of the current market, forecasting future conditions, and relating them to specific proposed projects. The dynamics of supply, demand, vacancy rates, lease terms, building classification, location, and competition are among the items examined. The conclusions of such market studies clearly identify the pros and cons of a project for its intended functional purpose in the specific market.
CB Richard Ellis’ consulting projects help reduce the risks of a project through research and planning before committing to it. They are based on our intimate market knowledge and unique corporate database consisting of thousands of commercial real estates objects, tenants, and investors.
Property Valuations are undertaken for the purpose of defining a property’s open market value. All of our valuations are undertaken in accordance with International Valuation Standards adopted by the International Valuation Standards Committee, the "Valuation Standards" adopted by the Decree of the Government of the Russian Federation, and the "Law on Valuation Activity in the Russian Federation."
All international work is also carried out in accordance with the International Valuation Standards Committee (IVSC) Standards and Royal Institution of Charted Surveyors (RICS) Valuation Standards. Furthermore, CB Richard Ellis draws on its extensive market knowledge gained from being a leader in the leasing, selling, and managing of all types of real estate to fully evaluate a property’s position in the market.
Strategic consulting and valuation services provided by CB Richard Ellis include:
Development Consulting Services
Our workplace strategies enable a sharper commercial focus and more competitive financial performance by:
Highest and Best Use of Land
Concept Development
Economic feasibility of projects
Development strategy optimization
Supervision of architect's work at the concept design stage
Structuring and optimization of real estate portfolio for:
Owner occupier
Investor
Marketing strategy development
Services for hotel projects
Hotel (hotel chain) development strategy recommendations
Audit of physical conditions of a building
Audit of hotel services quality
Concept optimization
Recovery or Redevelopment plan for underperforming hotel properties
Development of a business plan
Negotiations with hotel operators
Supervision of architect’s work at the concept design and project design stages
Supervision of hotel construction process
Supervision of fit-out and equipment process
Hotel startup
Advise on hotel management and operations
Valuation
Valuation Services. Valuation for the following purposes:
Initial Public Offering (IPO)
Fund raising
Preparation of financial statements in accordance with International Accounting Standards and Russian Accounting Standards
