CBRE PREPARED THE VALUATION OF POLSKI HOLDING
CBRE PREPARED THE VALUATION OF POLSKI HOLDING NIERUCHOMOSCI’S PROPERTY PORTFOLIO IN POLAND
Warsaw, 28 January 2014 – CBRE, the world’s leading real estate advisor, today announced that it prepared the valuation of the real estate portfolio of Capital Group Polski Holding Nieruchomości S.A. (PHN).
On 15th January 2014 CBRE provided the valuation of PHN’s real estate portfolio as at 31st December 2013. The valuation enclosed 171 properties, including 123 built-up areas with office, retail, residential, hotel and industrial buildings and 48 investment lands, located across Poland. Total value of all properties exceed over 2,200,000,000 PLN.
Grzegorz Wozniakowski, Associate Director at CBRE’s Valuation Department, said:
“We are delighted to have the opportunity to prepare the valuation of Polski Holding Nieruchomości’s real estate portfolio. PHN S.A. is a leading investor, operating and managing the commercial and housing properties in Poland. We hope to continue this cooperation with the future projects. Nowadays we observe the growing demand for consultancy and valuation services in the property market. Many investors more often diversify their portfolios to minimalize potential risk of loss. Among the investors there is also growing knowledge of the property valuation’s role in the investment process, which is crucial particularly in the dynamically changing market conditions.”