Services

Valuation & Advisory

Our Valuation & Advisory professionals never shy away from complexity — delivering independent, decision-grade insight for every transaction, financing, and portfolio decision in the Bulgarian real estate market.
Services

Valuation & Advisory

Our Valuation & Advisory professionals never shy away from complexity — delivering independent, decision-grade insight for every transaction, financing, and portfolio decision in the Bulgarian real estate market.

Every Decision Starts With Accurate Valuation

Every real estate transaction and portfolio decision starts with accurate valuation and market-credible analysis. Whether you are acquiring, selling, refinancing, reporting, managing risk, or repositioning a portfolio, we provide independent property valuation and real estate advisory that supports timely equity and debt decisions — with confidence — in the Bulgarian real estate market.

Our approach is built on a solid client relationship. Our strength comes from the ability to understand each client’s specific needs and deliver a tailored approach to meet them. From comparative valuations based on verified transaction prices to DCF analysis with scenario and sensitivity testing, we apply technical rigour and local market insight to produce transparent valuation reports aligned with commercial real estate standards and lender expectations across all property types and transaction scenarios.

Backed by extensive brokerage transactions built over the last 20 years of activity on the local real estate market and a comprehensive database of current offers, our valuation specialists review every key value driver and deliver assessments tailored to your requirements and deadlines.

Advisory assignments include highest and best use analysis, development feasibility, project cash-flow modelling and optimisation, commercial due diligence, risk assessment, and exit strategy — for single assets and portfolios alike.

What Sets Us Apart

Relentlessly Seeking Better Answers

We do not settle for surface-level analysis. Each valuation is built on technical rigour, verified market data, and a precise understanding of local market conditions — delivering outputs aligned with valuation standards, regulatory frameworks, and the realities of Bulgaria’s commercial real estate market.

Complexity Is Our Starting Point

From single assets in Sofia to diversified multi-asset portfolios nationwide, our team applies a disciplined methodology across all valuation standards and regulatory requirements. We provide clear guidance that supports critical investment, financing, and risk management decisions with precision, consistency, and clarity.

Forward-Looking Perspective

Real estate markets evolve rapidly — and so do we. We use real-time market intelligence, trend analysis, and scenario thinking to help clients anticipate shifts in rents, yields, vacancy, construction costs, and capital markets, supporting decisions that strengthen long-term resilience in a dynamic environment.

Insight, Integrity, Impact

Our valuations are more than a number — they deliver decision-grade insight grounded in data, objectivity, accountability, and professional integrity. Every analysis reflects RICS standards, international and local regulatory requirements, transparent assumptions, and current market evidence, enabling confident decisions for investors, lenders, and corporate stakeholders.

Specialist Expertise at a Global Scale

Across logistics, industrial, office, retail, hospitality, development land, and alternatives, our professionals combine sector-specific expertise with the consistency of the Cushman & Wakefield global platform. We apply international best practice while maintaining a deep understanding of local market drivers and micro-location dynamics.

An Advisory Approach That Goes Further

We act as strategic partners — above and beyond traditional valuation providers. Our professionals help clients understand current value and identify options to optimise operations, reposition assets, and prepare for emerging opportunities in the Bulgarian market.

Services

Valuation Services

Financial Reporting & Accounting Valuations

Our valuations comply with international reporting requirements and support accounting purposes, portfolio reporting, and strategic decision-making across diverse property sectors — providing the independent, standards-compliant assessments that auditors, boards, and regulators require.

Secured Lending Valuations

Our detailed assessments provide lenders with the confidence they need and help borrowers secure optimal financing terms. We understand the specific requirements of banks, funds, and alternative lenders active in the Bulgarian market, and we deliver reports that meet their standards without delay.

Acquisition & Disposal Valuations

We provide detailed market analysis, comparable transaction evidence, and strategic insight to ensure informed acquisition and disposal decisions across all Bulgarian property types. Our independence and local knowledge give buyers and sellers a credible, defensible basis for negotiation and pricing.

Portfolio Monitoring & Performance Tracking

Regular valuation updates and strategic portfolio insight enable owners and investors to track performance, identify emerging opportunities, and make data-driven decisions about their real estate holdings — keeping portfolios aligned with investment objectives over time.

Advisory Services

Feasibility Studies

We assess whether a development, repositioning, or investment concept is financially and technically viable — based on market demand, costs, phasing, and a full cash-flow model with scenario and sensitivity testing. The result is a clear, evidence-based answer to the question every developer and investor needs to answer before committing.

Highest & Best Use Analysis

We determine the legally permissible, physically possible, financially feasible, and maximally productive use of a site or asset — providing the analytical foundation for valuation, investment, and development decisions where the optimal use is not immediately obvious.

Lease-vs-Purchase / Stay-vs-Go Analysis

For corporate real estate decisions, we compare the total occupancy cost, capital expenditure, flexibility, and risk profile of each strategic option over a defined horizon — whether to renew or relocate, lease or buy, consolidate, expand, or dispose. The output is a clear, financially grounded recommendation aligned to your business strategy.

Market Research

Our bespoke market reports provide evidence-based analysis of supply, demand, pipeline, rents, yields, vacancy, absorption, and comparable transactions — tailored to support pricing, underwriting, and strategic planning for specific assets, submarkets, or property types.

SPECIALISATIONS

Sector Valuation Expertise

Offices

Local office markets present distinct valuation challenges — from established business districts to emerging flexible workspace formats. We assess office properties across Bulgaria’s key cities, considering location premiums, sustainability credentials, technical specification, and the evolving demands of modern occupiers. Our valuations reflect current conditions whilst accounting for workplace trends shaping Bulgaria’s office sector.

Learn more about Office Services

Industrial & Logistics

Bulgaria’s strategic geographical location makes it a preferred logistics and production base. Our industrial valuation expertise covers warehouses, production facilities, and logistics parks across major corridors — providing insight that reflects the sector’s growth potential and the evolving requirements of occupiers operating in this market.

Retail Properties

Bulgaria’s retail real estate market continues to evolve alongside changing consumer behaviour and digital transformation. We value shopping centres, retail parks, high-street retail, and mixed-use developments across local markets — with assessments that reflect both current trading performance and the longer-term adaptation potential of each asset.

Learn more about Retail Services

Hospitality Assets

Bulgaria’s hospitality sector encompasses diverse property types — from urban business hotels and conference venues to Black Sea resort destinations and mountain retreats. We evaluate hospitality assets nationwide, considering operational performance, brand affiliation, market positioning, and current trading conditions alongside future market potential.

Learn more about Hospitality Services

Development Land

We have extensive, market-specific expertise in evaluating the highest and best use of development land across Bulgaria. Our valuations reflect future development potential, underpinned by current, data-driven market evidence and a thorough understanding of planning, infrastructure, and demand dynamics.

Team

Emiliya Simeonova

Insight

FREQUENTLY ASKED QUESTIONS

We provide comprehensive valuation services across all commercial property sectors in Bulgaria, including comparative market valuations, income capitalisation assessments, and replacement cost analyses. Our services support acquisitions, disposals, financing, insurance, and portfolio management decisions throughout Bulgarian markets.

Our Bulgarian valuation team combines local market expertise with international best practices, ensuring compliance with Bulgarian valuation standards whilst leveraging our global network of market intelligence. We maintain close collaboration with our transaction teams to access current market data and pricing trends.

Our valuation consulting extends beyond traditional appraisal services to include strategic advisory on asset optimisation, portfolio analysis, and market positioning. We help Bulgarian clients understand not just current values but potential enhancement opportunities and market timing considerations.

Commercial real estate valuations in Bulgaria follow established methodologies including comparative market analysis, income capitalisation, and cost approaches. We ensure compliance with Bulgarian valuation standards whilst incorporating local market conditions, regulatory requirements, and sector-specific factors. 

Our dedicated transition teams manage property onboarding systematically, minimising disruption to tenants and operations. We carry out comprehensive compliance reviews, establish robust operational frameworks, and provide clear reporting from day one. Our goal is to ensure continuity of performance and tenant experience throughout the handover period.

Our valuation process combines rigorous market research, detailed property analysis, and application of appropriate valuation methodologies. We leverage our extensive Bulgarian market presence and transaction database to ensure accurate, defensible valuations that meet client requirements and regulatory standards.