20160506 SPK & Associates Presentation
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This document provides information on the consulting services of Spyros Koukidis & Associates regarding property development and valuations. They offer development consulting, family office services, and property valuations. Their development consulting experience includes hotels, residential complexes, mixed-use developments, and commercial projects in Greece. They also have experience performing valuations for distressed funds, mass portfolios, family offices, and other clients.
20160506 SPK & Associates Presentation
- 1. Consultants Property Development and Valuation Spyros Koukidis & Associates
- 2. Property Services • Development Consulting • Family Office • Property Valuations
- 3. Development Consulting • Issues • Solutions
- 6. Development Experience • The Met Hotel – Thessaloniki (GR) • Residential Complex in Kato Kifissia – Athens (GR) • Vacation Residential Complex in Kassandra – Chalkidiki (GR) • Allatini Mixed Use Residential – Thessaloniki (GR) • Podilatoupoli Mixed Use Commercial Development – Thessaloniki (GR) • Tobacco Warehouse Mixed Use Commercial Development – Kavala (GR)
- 7. The Met Hotel Thessaloniki (GR) • Land Plot: 0,40 ha • Buildable Area: ≈ 10 K sqm • Opportunistic Land Acquisition for Client (4,5 MM €) • Market Research for Potential Users • Users – Identification and Negotiations • ProjMgmt – Legal and Technical Due Diligence • Finalization of Contract – Sale of Property to Hotel Owner / Operator
- 8. Residential Complex Kato Kifissia, Attica (GR) • Land Plot: 0,40 ha • Buildable Area: ≈ 4 K sqm • Land Acquisition Cost: ≈ 2 MM € • Construction Costs: ≈ 2,4 MM € • Market Research – Property Identified and Acquired • Agreement for Advance Sale for 80% of Project • Market Research – Final Products Appeal • Financing Design and Execution • Required Equity: < 200 K € • Construction Cost 100% Financing • EBITDA: ≈ 2 MM €
- 9. Vacation Residential Complex Kassandra – Chalkidiki (GR) • Agreement with Land Owner over Development Options • Project Mgmt Development • 22 Mezonettes, ea. 110-130 sqm • Construction Mgmt – Budget Overrun by 15% • Mgmt of Sales – Successful – ≈3 MM € • Land Plot: 1,6 ha • Buildable Area: 1.600 sqm • Development Budget: 1 MM €
- 10. Allatini Mixed Use Residential Thessaloniki (GR) • Market Research – Uses • Client Decision Support: Mixed Use – Class A Resi + Commercial + Office in Separate Buildings • Completed Acquisition Negotiations • Development Project Management • Best Coast Property in Thessaloniki (2,6 ha) – View to the Sea • 12 K sqm Listed Buildings • Potential Another 25 K sqm
- 11. Commercial Development Thessaloniki (GR) • Land Plot: 0,20 ha • Buildable: 7.000 sqm • 5 Owners – Not in Good Terms • Asking Price: 7,50 MM € • Market Research – Uses • Initial Purchase Negotiations • ProjMgmt Development • 65% Final Areas Users Agreed • Complete Project Disposal at 9% Yield Agreed • Potential EBIDTA: ≈ 8 mm €
- 12. Commercial Development Kavala (GR) • Listed Building – Total Areas: ≈ 11.000 sqm • Central Location • Purchase Value: ≈4 MM € • Est. Constr. Cost: ≈10 MM € • Market Research – Users • Market Research – Investors • Proj Mgmt Development • 50% Building Areas Rented • Est. Total Rents: 2,5 MM €/yr • Shopping Center Sale Agreed at 10% Yield
- 13. High Value Resi Development Dionysos, Attica (GR) • Land Area: ≈14 ha • Buildable Area: ≈82.000 sqm • 4 – Co-Owners (All Developers) • Operated for one co-owner • Decision Making Support for Agreement with partners • Market Research – Users, Prices • Final Agreement Reached on Proposals
- 14. Resi Redevelopment Kalamaria, Thessaloniki (GR) • Land Area: 22 ha • Existing: 220 Flats • Planned: 395 Modern Flats • Bioclimatic Architectural Design • Co-Production: Gas – Electricity • Solar Panels • Supported Client in Offer to Owners • ProjMgmt Development Design • Agreed with 70% Clients over the Offer • ProjMgmt Legal and Technical Due Diligence
- 15. Property Valuations • Issues • Solutions
- 18. Valuation Experience • Distresses Funds Valuations • Mass Valuations • Family Office Valuations • Valuations for Other Clients