Commercial Property Valuation Across All Sectors
Request a personal consultation for all other asset classes.
Valuate commercial real estate
In-depth valuation of commercial and investment properties
Whether it’s an apartment building, an office complex, or commercial space, a well-founded property valuation is the basis for sound investment decisions. We look beyond square metres and rental income, assessing earning potential, market opportunities, and risks. The result is the clarity you need for buying, selling, or optimising your portfolio.
Choose your approach to valuation
Precise analysis for every asset class
Every asset class has its own value drivers – from tenant quality and location to operational specifics. That’s why we provide tailored solutions across the full spectrum of investment and commercial real estate, from apartment buildings to commercial properties such as office buildings and logistics space.
Personal expert assessment
A comprehensive property valuation brings together legal, technical, and financial analysis. Our advisors are available to support you personally, assessing your property on an individual basis—whether it’s an apartment building, an office, or any other type of commercial real estate. Key factors include the building structure, infrastructure, and
What determines the value of your commercial property
The value of a commercial property is directly linked to the future income it can generate. For this reason, commercial real estate is primarily valued using the income approach. This method is based on sustainable rental income and takes into account operating costs as well as a market-based capitalisation rate.
Rental agreement (WALT & credit rating)
This is the key factor. We assess lease terms (WALT), tenant creditworthiness, and rent indexation. A secure, predictable cash flow remains the most significant driver of value.
Drittverwendungsfähigkeit
How flexible is your property? Can the office space be easily repurposed? High third-party usability minimizes the risk of vacancies and increases the value.
Lage
The value of a commercial property is directly tied to the future income it can generate. Accordingly, commercial real estate is primarily valued using the income approach, which bases the assessment on sustainable rental income while accounting for operating costs and property-specific financing expenses.
Zustand & ESG-Konformität
ESG compliance, particularly energy efficiency, is becoming increasingly critical for the positive value development of commercial properties. Non-compliant buildings may face significant devaluation.
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What you need to know about the valuation of your commercial property
Clarity for your investment decision
Beyond the key facts — property type, year of construction, size, and rentable area — a valuation also considers individual characteristics that can positively or negatively impact value. These include features such as period details, balconies, apartment layouts, renovation status, heating systems, preservation restrictions, elevators, and full occupancy.
To determine the realistic market value of your apartment building, it is essential to include relevant comparable transactions in the analysis. They show the price factors and price per square metre at which similar properties—based on location, condition, and other key criteria—are currently being traded. This provides a solid basis for recommending a well-founded asking price.
The choice of method depends on the type of commercial property. For standard investment assets, such as offices or logistics facilities, the income approach (Ertragswertverfahren) is the primary method. For leased operator-run properties, rent serves as the income metric. For complex investments and international investors, the discounted cash flow (DCF) method is standard. We apply the method best suited to your property to ensure a precise, reliable valuation.
Valuing commercial real estate is far more complex than residential properties. Factors such as alternative use potential and detailed lease analysis require specialized expertise. In addition, municipal planning regulations, tax frameworks, and market trends must be accurately accounted for to determine a realistic property value.
A valuation for your income-generating property provides a strategic basis for sales or financing decisions. A comprehensive market value report that is suitable for banks and court proceedings is prepared by certified experts in line with national and international standards. This is particularly important for legal proceedings, tax matters, or official documentation requirements in the Principality. We will advise you individually on which type of valuation best fits your specific purpose.
Expected returns on commercial properties depend heavily on location, asset class, property quality, and tenant creditworthiness. There is no one-size-fits-all figure, as yields can vary significantly — for example, between core assets and value-add investments. Anticipated returns are therefore closely tied to your chosen investment strategy. We provide comprehensive advice and outline all options for your investment.
In Liechtenstein, profits from the sale of real estate are subject to real estate capital gains tax. For properties held as business assets, a well-founded valuation provides the basis for quantifying hidden reserves and using tax planning options in a targeted way. For the specific tax structuring of a transaction, we recommend coordinating with a specialised tax advisor.
