Valuation, in our view, is driven by the quality of location and building. Our process begins by analysing the real estate portfolios of Listed and Non-Listed funds at the property level.
We plot a building's coordinates in our database, and a location quality score is calculated instantly, based on the quality of its market, sub-market, microlocation & physical climate-risk. The input variables for this location quality scoring are determined and collected by respective analysts in our team, based on industry knowledge and back-testing of variables. Building quality assessments come next, where considerations include build & renovation year, and energy efficiency.
We conduct this analysis right across the globe and across sectors. We cover 1,500 markets, 31,000 submarkets and approximately 300 cities across the globe - constantly utilizing our 20 purposely selected Data-Vendor partnerships.
The individual property-level assessments of location and build quality scores are then aggregated to the portfolio level, where our valuation process continues.