We were engaged by a U.S.-based healthcare REIT to assist with the fair value appraisals for a portfolio of hospitals across the United Kingdom for U.K. GAAP financial reporting purposes.

Our work included a review of both market-based and historical income streams, cash flow projections, closing statements, and other market due diligence. Our analysis was successfully reviewed by an international audit practice, and we were able to accurately and efficiently assist our client with their U.K. financial reporting requirements.

Our analyses, opinions, and conclusions were developed, and the reports prepared in conformity with: a) the Royal Institution of Chartered Surveyors Valuation – Global Standards  (“RICS Red Book”), which incorporates the International Valuation Standards (“IVS”); and b) the Royal Institution of Chartered Surveyors Valuation – Global Standards: U.K. national supplement.