What are the key factors that influence the valuation of commercial real estate properties?

There are a range of factors that affect the value of commercial real estate properties, including: - Location - Size - Age and condition - Renovation / change of use potential - Interest rates - Potential rental income

What methods or approaches are commonly used for determining the fair market value of a commercial property?

A range of commercial property valuation techniques are used, including: - Income approach – estimates the present worth of the rights to future benefits to be derived from the ownership of a specific interest in a property under given market conditions. The two methods under Income Approach are the Income Capitalisation Method and Discounted Cash Flow Analysis. - Sales comparison approach – comparing similar commercial properties in the location, whilst also considering the unique characteristics of the property being valued. - Cost approach – defining the cost of the land, plus the building’s construction.

Services

Property & Business Valuation

Our team provides valuation and advisory services to owners, investors, and developers, major corporations, REITs, institutional funds, financial institutions, government agencies to small business owners and individuals.

Valuation and Advisory Services: Global Valuation
Expertise Wherever You Need It

Cushman & Wakefield maximizes the potential of your property and business investments with market-leading valuation advice and insights. Our team of certified valuers offer valuation and advisory services to owners, investors and developers. We work with major corporations, REITs, institutional funds, financial institutions and government agencies, as well as small business owners and individuals.

We strive to provide service second to none in the industry and remain competitive without compromising value.

Property & Business-Related Services

Our approach to valuation is based on our market knowledge, resources, experience and geographic capabilities and developing a deep understanding of your asset/assets. By partnering closely with you, our experts are ideally positioned to provide you with practical valuation advice.

We offer a comprehensive range of valuation and advisory services for all types of properties and businesses. From one-off appraisals and complex real estate advisory to plant and machinery and business valuation, we deliver for our clients across special asset classes and varied markets.

We pride ourselves on being accessible and responsive to meet our clients’ needs on a worldwide scale. Our property valuers and business valuers are licensed and qualified with professional certifications such as SISV, CVA, ICVS and ACCA. Our capabilities span across services relating to merger and acquisition, financing, disposition, fund raising/IPO, litigation support and financial reporting. We cover :

Property Valuation Services	Business Valuation Services
Institutional Valuation	Company Valuation
Mortgage Valuation	Purchase Price Allocation
Rental Review Valuation	Impairment Testing
Regional Valuation	Intellectual Property Valuation
Development Valuation and Feasibility Study	Intangible Assets Valuation
Property Tax Advisory	Financial Instruments Valuation
Compulsory Acquisition Advisory	Share-based Payment Valuation
Collective Sale	Biological Asset Valuation
Expert Witness
Hospitality and Leisure

Institutional Valuation

Mortgage Valuation

Rental Review Valuation

Regional Valuation

Development Valuation and Feasibility Study

Property Tax Advisory

Compulsory Acquisition Advisory

Collective Sale

Expert Witness

Hospitality and Leisure

Company Valuation

Purchase Price Allocation

Impairment Testing

Intellectual Property Valuation

Intangible Assets Valuation

Financial Instruments Valuation

Share-based Payment Valuation

Biological Asset Valuation

Our Bespoke Platform Provides Reach and Scalability

Our platform supports single-location assets and global client portfolios. Using our Global Accounts Approach, we leverage Capital Markets, Brokerage and Asset Services knowledge from across the world.

The use of a cloud-based platform enables multiple subject matter experts to collaborate on the same reports. By leveraging technology, we increase speed, accuracy and expertise to provide our clients with best-in-class valuation reporting.

Financial Reporting and Other Services

Financial Reporting Services	Other Services
IFRS 2/SFRS(I) 2: Share-based Payment	Non-Traded REIT Valuation
IFRS 3/SFRS(I) 3: Business Combinations	Agreed Upon Procedures (AUP)
IFRS 5/SFRS(I) 5: Non-current Assets Held for Sale and Discontinued Operations	Debt and Equity Valuations
IFRS 9/SFRS(I) 9: Financial Instruments	Net Asset Value (NAV) Consulting
IFRS 13/SFRS(I) 13: Fair Value Measurement	Partnership & Fractional Interest Valuations
IFRS 16/SFRS(I) 16: Leases	Portfolio Valuation Management
IAS 16/SFRS(I) 1-16: Property, Plant & Equipment	REIT & Fund Valuations
IAS 36/SFRS(I) 1-36: Impairment of Assets	Appraisal Reviews
IAS 38/SFRS(I) 1-38: Intangible Assets
IAS 40/SFRS(I) 1-40: Investment Property
IAS 41/SFRS(I) 1-41: Agriculture

	Financial Reporting Services	IFRS 3/SFRS(I) 3: Business Combinations	IFRS 5/SFRS(I) 5: Non-current Assets Held for Sale and Discontinued Operations	IFRS 9/SFRS(I) 9: Financial Instruments	IFRS 13/SFRS(I) 13: Fair Value Measurement	IFRS 16/SFRS(I) 16: Leases	IAS 16/SFRS(I) 1-16: Property, Plant & Equipment	IAS 36/SFRS(I) 1-36: Impairment of Assets	IAS 38/SFRS(I) 1-38: Intangible Assets	IAS 40/SFRS(I) 1-40: Investment Property	IAS 41/SFRS(I) 1-41: Agriculture		Non-Traded REIT Valuation	Agreed Upon Procedures (AUP)	Debt and Equity Valuations	Net Asset Value (NAV) Consulting	Partnership & Fractional Interest Valuations	Portfolio Valuation Management	REIT & Fund Valuations	Appraisal Reviews

Property & Business Valuation FAQs

A thorough business valuation will focus on a range of factors, depending on the business and industry. These include the company’s capital structure, its management, market value of its assets and forecasted future earnings. Our valuation and advisory experts look at every business as a unique entity. We choose the most suitable valuation approach in line with the requirements of our clients and the wider industry.

There are a range of factors that affect the value of commercial real estate properties, including:

Location
Size
Age and condition
Renovation / change of use potential
Interest rates
Potential rental income

Business owners can maximize the value of their commercial properties in a number of ways, including:

Improving, refurbishing or renovating the property
Increasing its size
Increasing the rent for existing tenants
Reconfiguring its use
Reducing expenses, such as renegotiating service contracts or switching vendors
Challenging the Property Tax assessment

A range of commercial property valuation techniques are used, including:

Income approach – estimates the present worth of the rights to future benefits to be derived from the ownership of a specific interest in a property under given market conditions. The two methods under Income Approach are the Income Capitalisation Method and Discounted Cash Flow Analysis.
Sales comparison approach – comparing similar commercial properties in the location, whilst also considering the unique characteristics of the property being valued.
Cost approach – defining the cost of the land, plus the building’s construction.

Contact

May Yenk Chew

Executive Director
Singapore, Singapore

+65 6232 0868

Download VCard

For property valuation services, contact

May Yenk Chew

Executive Director
Singapore, Singapore

+65 6232 0868

Download VCard

Claire Woo

Director
Singapore, Singapore

+65 6232 0861

Download VCard

Tze Hui Chen

Director
Singapore, Singapore

+65 80318239

Download VCard

For business valuation services, contact

Denise Ong

Head of Business Valuation
Singapore, Singapore

+65 6248 3089

Download VCard

Related Services

Property & Business Valuation

Learn more

Commercial Leasing

Our commercial leasing team can help you with maximising rental returns, improving tenant retention, and increase overall asset or portfolio ROI. Through our commercial space leasing services, we deliver tailor-made solutions to help landlords increase the pace of leasing, optimise tenant mix and increase rental profile.

Learn more

Capital Markets

Explore unparalleled investment opportunities with our Capital Markets team. Connect with us to unlock bespoke capital solutions and elevate your investments to new heights.

Learn more

Related Insights

Article

Cushman & Wakefield Comments on JTC Q2 2024 real estate statistics

The business park market remains a two-tier market, with city fringe business parks enjoying higher rents and occupancy compared to suburban business parks.

Xian Yang Wong • 26/07/2024

Singapore Market Outllokk H2 2024_thumbnail asset.jpg

Research • Workplace

Singapore Market Outlook H2 2024

Singapore's economy to grow 2.3% in 2024, higher than 2023's growth of 1.1%

12/07/2024

Insights • Workplace

Office Fit Out Cost Guide

An office fit out refers to the process of designing and constructing an office space to meet the specific needs of the occupier. This can include everything from furniture and equipment to mechanical and electrical systems.

Dominic Brown • 19/03/2024

CAN'T FIND WHAT YOU'RE LOOKING FOR?

Get in touch with one of our professionals.

Your privacy matters to us

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.

MORE OPTIONS

AGREE AND CLOSE

These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.

These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.

These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.

Cookie preferences

Agree All

Reject All

SAVE SETTINGS

Essential

Non Essential

Marketing

Property & Business Valuation