Colliers evaluates properties worth EUR 5 billion

Newsroom 19/04/2010 | 14:36

Colliers International evaluated local properties worth EUR 5 billion in 2009, the firm has announced. The sum covers both the market value of the existing buildings and the market value of land plots.

“As was the case in 2008, the traditional clients of the department played the largest part in the number of reports performed, approximately 75 percent, and in the total of the value of properties evaluated – over 85 percent,” said Laurentiu Lazar, manager of the evaluations department of Colliers International.

Last year the company evaluated properties for Immoeast, OMV Petrom, Romtelecom, BCR and UniCredit Tiriac Bank.

The company has said the main type of evaluations were those carried out for financial and fiscal reporting purposes. Another main source of demand was financial institutions looking to update the market value of properties. Apartments mortgaged by financial institutions were a third stream. The service is already used by several players in the local banking system.


BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Newsroom | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of
    I agree with the storage and handling of my data by
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue