The Valuation and Advisory Department at Cushman & Wakefield Core has undertaken various valuations of industrial / logistics property for a variety of clients. These instructions include:
- A prime 650,000 sq. ft. (GFA) logistics warehouse situated in Dubai with cold and ambient accommodation held on a leasehold interest was valued for a corporate client for loan security purposes adopting the Income Approach.
- A portfolio of warehouse and factory units held on freehold and leasehold interests. It included a pre-cast concrete factory with a GFA of 730,000 sq. ft. in Dubai, and an industrial unit in Umm Al Quwain with a GFA of 74,000 sq. ft. was valued for loan security purposes adopting the Income and Market Approaches.
- Valuation of the first LEED-certified office / industrial development in Dubai with an area of 145,000 sq. ft. (net) for loan security