Real estate management practices and the subsequent assessment of risk in either individual assets or portfolios of income properties, constitutes a major challenge for a substantial portion of market participants The evolving tax regime, the stagnant transactions, the low rates in most urban regions and the cumbersome leverage of most exploitable assets, dictate -more than ever- the adoption of comprehensive and effective asset management practices and risk assessment tools.
These practices should aim at securing a viable net operating profit by addressing a wide range of critical decision-making processes via intelligent valuation, development and property management methodologies. Our approach employs, for the first time in Greece, robust simulation techniques in order to quantify all assumed risks and derive certain probability distributions against current fair values, their anticipated evolution and the expected range of realized IRR.