Valuations for internal and acquisition purposes
Castorama Polska is the DIY market leader in Poland with over 60 stores under Castorama brand and 7 Brico Depot units. As a rapidly developing company, it needs a real estate advisor to be able to provide integrated solutions both on a regular and ad hoc basis.
Castorama Polska has requested Valuation and Advisory team for valuations for internal and acquisition purposes.
The Valuation & Advisory team carried out valuations of all properties owned by Castorama Polska for the purpose of transferring the assets to a Special Purpose Entity.
Additionally, Cushman & Wakefield has effectively assisted Castorama Polska in the process of lowering the annual perpetual usufruct fee for a certain number of their assets.
Furthermore, as a result of providing Castorama Polska with our independent opinions of value prepared for the acquisition purposes, the company has successfully negotiatied land aquistions and then erected its retail shops thereon.
In course of our long cooperation, we have provided Castorama Polska with valuations prepared in compliance with both the RICS Valuation Standards and the Polish Valuation Standards.