| Valuation & Advisory Services |
We provide effective and accurate valuation & appraisal services that are the cornerstone of best property practice. |
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| What we do |
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In today’s complex maze of real estate decision making whether assessing potential acquisitions, reviewing performance of existing assets, or assessing the best use of properties, our dedicated and professional team provides valuation and strategic advice on a wide range of capital transactions in Korea and abroad.
Striving to meet your needs, our multi-disciplinary team is equipped with in-depth local market knowledge and sound professional skills to provide accurate, reliable and timely valuations and solutions in the following areas: -
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- Single Asset Valuation
- Portfolio Valuations
- Financial Reporting — K-IFRSs
- Highest & Best Use Studies
- Market Feasibility Studies
- Discounted Cash Flow Analysis
- Specialty Groups for Hotels, Golf Courses and Leisure
- Capital Market Services, including Initial Public Offerings (‘IPO’)
- Litigation, Foreclosure and Insolvency Support
- Non-performing Loans (‘NPL’) Property Valuation
- Insurance Valuation
- Arbitration & Consultation
- Plant, Machinery and Equipment Valuations
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Continuous Improvement |
As the valuation market leader, CBRE Korea — Valuation & Advisory Services (‘CBRE VAS’) has conducted thousands of valuation assignments since its inception in 2004. CBRE VAS is the only active multi-national valuation department in Korea and creates value through new opportunities, new ideas and new solutions to our clients. CBRE VAS puts its clients at the heart of everything we set out to achieve — deliver exceptional service and value.
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CBRE Korea is the only firm that possesses an in-house Member of the Royal Institution of Chartered Surveyors (RICS) which not only oversees that assignments are completed in a timely manner, but also ensures that every assignment is completed in an internationally recognised format. The mark of the Royal Institution of Chartered Surveyors represents the very best of the profession, with world-class regulation and property professionalism worldwide. Please follow the website below for more information on RICS: http://www.rics.org/site/scripts/documents.aspx?categoryID=190 |
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Two thirds of the world is
covered by Water, the other third by us. |
Our Korea team of professionals handle property and asset portfolios of various sizes in Korea and throughout the world with seamless linkages to our offices in over 300 cities for local market knowledge and feedback. CBRE Korea: Open doors all over the world.
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Valuation & Advisory Services
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Our Valuation & Advisory Services cover a wide range of property types including office, retail, industrial and residential properties. Our service extends to agricultural lands, development sites, hotels, golf courses, resorts, casinos, car parks and other specialized properties. CBRE VAS’s expertise in property valuation enables us to advise for various purposes, such as mergers & acquisitions , financing, IPOs, joint ventures, debt issuance, REIT, accounting, rent reviews, independent valuations, arbitration, litigation, taxation, insurance, due diligence, insolvency, bidding, and etc.
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Key Contacts |
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Alex Chan
Director
Valuation & Advisory Services
T: +82 2170 5864
alex.chan@cbrekorea.com
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Jason Choi
Manager
Valuation & Advisory Services
T: +82 2170 5868
jason.choi@cbrekorea.com
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CBRE VAS - Publications
Korea VAS Capability Statement (English Version Only)
Recent CBRE VAS Assignments (English Version)
CBRE VAS - Other Publications
Valuation in IFRS / IAS (English Version)
Plant & Machinery Valuation (English Version Only)
Energy & Infrastructure Valuation (English Version Only)
Business Valuation (English Version Only)
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| Case Studies |
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Portfolio Valuation Assignments
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SC First Bank Portfolio
Portfolio of over 90 properties located throughout Korea to facilitate SC First Bank’s real estate implementation.
 Read case study
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ProLogis — Portfolio
Designated appraiser of the ProLogis Korea Properties Fund
Read case study
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Asia Property Fund — Portfolio
Designated appraiser of the Asia Property Fund which holds 10 commercial / industrial properties across Asia Pacific, including Korea.
Read case study
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Renault Samsung Motors — Portfolio
Conducted valuation of 17 industrial / commercial properties located throughout Korea.
Read case study
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| Feasibility Study Assignments |
Seoul Square — Feasibility Study
Conducted an overview and analysis of the Grade A Office Market and more particularly its impact to one of Seoul’s largest and most expensive property transaction in history.
Read case study
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Yongsan 3rd District — Feasibility Study
Conducted an overview and analysis of a potential commercial development situated adjacent to Dream Hub (Yongsan International Business District) and its financial feasibility in 2012.
Read case study
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Mixed-use Development — Feasibility Study
Engaged to conduct comprehensive market research and assess its financial feasibility in a proposed mixed-use development in Chengdu, China.
Read case study
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Mixed-use Development — Feasibility Study
E ngaged to conduct comprehensive market research and assess its financial feasibility including it’s gross development value of the individual uses in a proposed mixed-use development in Abu Dhabi, United Arab Emirates.
Read case study
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| Specialty Groups Assignments |
Berjaya Jeju Resort — Hospitality
Assessed the gross development value and residual land value of the largest proposed leisure resort in Jeju Island.
Read case study
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P7 Project — Hospitality
Assessed the current market value, market value at stabilized date, and the residual land value of a proposed mix-use development consisting of 281-room service apartment and 200-room boutique hotel in Atlanta, USA.
Read case study
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M.E.A. — Hospitality
Assessed the current market value in 2007 & 2008 of a 103-room 5-star hotel operated under the Marriot Brand in the heart of Yeouido Business District, Seoul.
Read case study
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Best Western Premier Incheon - Hospitality
Designated Assessor since 2008 for the 306-room 3-star hotel operated under the Best Western Brand situated adjacent to Incheon International Airport. Read case study
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