The Adelaide Property Valuers seems to be complex because of the complex steps involvement and also because of the legal steps that the process has with it. The project was started by SCOT Sheridan Estates Limited on a purely speculative basis and we are delighted that a sale has been achieved on the date of practical completion. Excel Biotech will now commence an extensive fit-out programme and they hope to be trading from the property in four months time.
But you have to make sure that the property valuer that you had hired for doing the property valuation process has the necessary and required amount of experience and knowledge or not and even they have license to perform the property valuation process or not. The purchase price was in the region of £1.75 million. Eric Young & Co (Neil Gordon) acted on behalf of Excel Biotech in this transaction. Ryden acted on behalf of SCOT Sheridan Estates Limited.
The property valuer then performs all the steps that are involved in the property valuation process with full efforts and concentration to make the process simpler and effective. The initial investment will be geared to fund an investment programme of up to Euro 550 million. The launch of this fund is an important illustration of AXA Real Estate Investment Managers’ Pan-European fund management strategy, consistent with its Pan-European focus.
The investment strategy of Euro IP is to acquire built, income-producing industrial estates, to be branded and managed under the established io system, which offers units within multi-let estates on flexible terms.
The closing of the Euro IP fund follows more than three years of extensive research and capital investment by the io Group, under European director Richard Croft, ensuring that the appropriate infrastructure was put in place for the first phase of investment in three target countries – France, The Netherlands and Germany.