MBO Real Estate Service provider/Technical due Diligence

On 24 June 2009 Dr. Gabriele Lüft took over all shares in “LandAmerica Assessment GmbH” from its shareholder, a Dutch subsidiary of the LandAmerica Financial Group. The company has changed its name into “Global Assessment GmbH” and will continue its business operation under the management of Dr. Gabriele Lüft as its managing shareholder.

Dr. Gabriele Lüft was already registered director of the company since its establishment at the end of 2007. The re-named entity Global Assessment GmbH, as affiliated entity for Europe, is part of the international network Global Realty Services Group with its seat in the United States of America. This means that the German entity is again part of an international network which enables it to work with and for domestic and international investors, financiers and owners in international transactions. Beside the current business operation to provide technical and environmental due diligence, Global Assessment GmbH will focus on technical services in the area of work-out and capex restructurings.

Global Assessment GmbH is a full service real estate due diligence firm specializing in engineering and environmental assessments associated with commercial real estate acquisition, finance and surveillance. The company performs assignments for a wide range of clients, such as commercial mortgage and construction lenders, real estate investment trusts, CMBS originators, and real estate fund advisors.

Since formation of the company in 2007 – and even before as branch of LandAmerica Assessment Corporation, Global Assessment GmbH has become one of the fastest growing commercial real estate technical advisor in Europe and has enjoyed consistent growth. The company has completed environmental and property condition services throughout Western and Eastern Europe and established relationships with notable multi-national commercial real estate investors.

Global Assessment GmbH operates under a different business model than many technical real estate advisors. We have stepped away from the more traditional practice of billing for hours worked and have embraced a business model in which the assignments are completed based on a set fee which is agreed upon upfront by both parties. Global Assessment GmbH utilizes a computerized order and delivery system for all assignments. This system ensures accuracy and efficiency in the assignment of projects and the delivery of final reports. In addition, the business model differentiates us from our competitors, since we work with Field Professionals for the on-site work. The established relationships with over 200 Field Professionals across Europe means Global Assessment GmbH is well equipped to handle projects ranging from a remote single site to a wide-ranging portfolio of properties throughout Eastern and Western Europe. Our Germany office staff serves as client relationship managers and the front line for quality assurance/quality control (QA/QC). We have earned the respect and confidence of an industry that is very competitive and demanding. At Global Assessment GmbH we pride ourselves on providing our clients with the highest standards of quality and customer service.

Global Assessment GmbH
Mainzer Landstraße 49
D-60325 Frankfurt am Main

Dr. Gabriele Lüft
www.grs-global.com

This release was published on openPR.