These are real estate assets that are developed to accommodate specific activities that are of high value for the actual use, but often limited value for alternative activities. Such assets can include processing, health, education, tourism, care and substantive property in remote or isolated locations.
Logan Stone have gained extensive experience in valuing special purpose property for both the public and private sector. Our valuation services include valuations for financial reporting, disposal and development, rental and insurance purposes.
We have also been instrumental in adaptive reuse of special purpose property following the cessation of the specific design activity and in managing disposal and acquisitions of special purpose property.
The national and regional tourism sectors continue to increase their economic importance throughout New Zealand. Whether it be an accommodation facility, or a sightseeing or adventure activity, some form of real estate or property right is a critical component of the business operation.
Valuation of specialist tourism property requires knowledge and understanding of the industry. Logan Stone have an understanding of the drivers of tourism and the value of real estate and property rights to a tourist enterprise, whether it be a home stay, motel or hotel, or a wilderness experience, airport or annual event.
We have the expertise and experience to provide market assessments of value for access rights, licenses, market transactions, rentals and financial reporting purposes.
| (http://www NULL.loganstone NULL.co NULL.nz/wp-content/uploads/Frank-AD7Q5287 NULL.png)Frank Spencer – Director / Registered Valuer
mobile: +64 21 837 640