High Street Retail Unit Appraisal*
The subject property is a high street retail unit located in a primary European capital city. Based on the market analysis, the current use as a restaurant does not represent its Highest and Best Use. For valuation purposes, being a Trade-Related Property, it is also essential to perform a careful analysis of the economic sustainability of the rent for the envisaged User. The case also illustrates some of the peculiarities of high street retail units, with a focus on why they are so appealing for institutional investors and high net worth individuals (HNWI).
(*)This case study has been written by Fabio Cristanziani.
Fabio Cristanziani is an investment manager with more than 10 years of experience in the financial services industry. He currently works at Generali Real Estate, where he has covered various roles within the capital market and investment management practice.