Colombia. The area of appraisals & consulting of Colliers International Colombia (CIVAS), is a leader in valuations of shopping centers in Colombia, in fact the figures speak for themselves, with almost 50 shopping centers nationwide in a single year, the CIVAS team has managed to reach historical levels that position it as the team with the greatest knowledge of valuation of large surfaces in Colombia.
The challenge of analyzing a shopping center goes beyond seeing these structures as a large real estate complex, in effect it is about perceiving the influence of large brands that set a pattern and position an identity in each shopping center. Shopping centers function as a large network of small stores that work in synchrony, while some specialize in attracting audiences, others focus on meeting needs.
This classification is essential when it comes to understanding the trade center as a set of acquired rights where activities are developed that in turn are differential.
In short, the challenge of our professionals has been to perceive shopping centers as an income-generating entity. In addition to considering them as an independent market, which is contained in a larger market either in the form of a shopping arcade or even a super regional class shopping center. However, the agreements that are developed there are the center of interest of our appraisers, understanding these pacts that are developed in each unit is the basis for analyzing money-generating flows and therefore determining the competitiveness of each commercial entity.
50% of the valuations are in the departments of Antioquia, Cundinamarca and Valle del Cauca.
766,907 m2 of profitable area valued in shopping centers.
