Arbitrage Real Estate was instructed to assess the Fair Value of mixed used portfolio of total surface 38,000m². The portfolio consisted of 2 industrial complexes,1 land plot and 3 residential units. Since the purpose of the valuation was for year-end accounts, under the context of International Financial Reporting Standards (IFRS), the adopted basis of value was the Fair Value as defined by the International Accounting Standards Board (IASB). The portfolio’s Fair Value was determined for both 2013 and 2015.
22 Apr2016