Real Estate

Comprehensive analysis of real estate project

We offer the following services in analyzing the feasibility of real estate projects:

• SWOT analysis and due diligence
• Development of effective real estate concepts
• Analysis of highest and best use
• Feasibility studies to balance cost against desired investment return
• Preparation of business plans
• Market study and industry analysis

Assistance in strategy development

With today’s global strategies and changing market environment, management of a company’s real estate portfolio is essential in order to enhance efficiency. Our strategic consultants offer a range of services, including the following:

• Analysis and restructuring of real estate portfolios
• Organizational development
• Business and geographic growth management
• Performance management
• Business process improvement
• Fast close and IFRS transformation
• Development and implementation of corporate standards for planning office space

Real estate appraisal

Real estate appraisal is required when obtaining a collateralized loan, when fixed assets are revalued and assets are appraised for purposes of preparing financial statements in accordance with Russian and international standards, when real estate is purchased or sold, and when a company’s business or shares and contributions are appraised in connection with mergers, takeovers, and contributions to charter capital.

Our experienced professionals are RICS designated and perform all appraisal work in accordance with Russian and international standards.

Project development and management

Acting as representatives of the owner or lender, we provide the following services on major projects:

• Project organization and management
• Cost control
• Monitoring construction deadlines
• Quality control

We advise our clients on all measures relating to the management of construction projects – selecting land and forming a team of design engineers and specialists, developing a work program and budgeting, preparing tender documentation, selecting contractors, and operational management of the construction process.

Ernst & Young’s professionals are proactive in their management of projects, promptly identifying any changes or deviations from construction-industry standards or adopted plans. This practical approach to management enables us to resolve issues before they grow into problems and to minimize the risks for all parties concerned.

Strategic financing

One key aspect of a developer’s activities is the structuring of financing and the optimization of long-term financial flows. Our consultants help optimize a company’s financial strategy and, in each individual case, identify the optimal source of fund for financing, refinancing, acquisitions, or restructuring the real estate portfolio.

Location advisory services

When undertaking regional expansion, companies often need to select a location suited for their business. We assist in finding an optimal location taking into account a company’s specific needs, the local business climate and real estate market, the availability of qualified personnel, proximity to suppliers and customers, local tax incentives, and attitudes of regional and municipal authorities toward business.