Real Estate

How a Global Asset Management Firm Leveraged the Knowledge Ridge Expert Network to Gain Insights into the Real Estate Market in Rome.

<ul><li style="text-align: justify;"><strong><u>Client Need:</u></strong></li></ul><p style="text-align: justify;">A global asset management firm based out of the US approached Knowledge Ridge for insights into real estate valuation for a set of iconic buildings in Rome along with perspectives on the investments needed to refurbish these buildings and the impact of the COVID-19 Pandemic on the valuation of these buildings. The building/ real estate assets in question were iconic buildings of historical importance that once housed important Government Institutions in Rome. The client required first-hand well-rounded perspectives on the factors determining the valuation for these buildings for which they needed to speak to Roman investors, real estate operators, brokers, or other stakeholders in the real estate industry who could accurately evaluate a building. Furthermore, the client also needed intelligence on the cost and investment structure along with the regulatory and compliance requirements needed to refurbish the buildings.</p><ul style="text-align: justify;"><li><strong><u>Knowledge Ridge Solution:</u></strong></li></ul><p style="text-align: justify;">Knowledge Ridge researchers selected relevant experts from Rome with extensive experience in the real estate and property valuation spaces. This included Investors, Real Estate Operators, Brokers, or other Stakeholders who could accurately evaluate buildings and construction projects. They were phone interviewed to understand their direct involvement and were shortlisted based on their expertise and experience in providing a deep dive into the factors determining the valuation for the buildings of historical importance, along with the investments needed to refurbish these buildings and the impact of the COVID-19 Pandemic on the valuation of these buildings. Subsequently, experts were identified and shortlisted, and their biography was drafted as per Knowledge Ridge&rsquo;s phone interviewing process. The final list of experts was sent to the client for their selection.</p><ul style="text-align: justify;"><li><strong><u>Knowledge Ridge Impact:</u></strong></li></ul><p style="text-align: justify;">Knowledge Ridge identified 10 experts from the real estate market in Rome. The client selected &nbsp;9 experts and conducted hourly phone consultations with each of them. This resulted in the client gaining first-hand perspective and actionable insights into the investments needed to refurbish the buildings and the impact of the COVID-19 Pandemic on the valuation of the iconic historical buildings in Rome. The selected experts shared their insights on the valuation, investments needed to refurbish, and the impact of the COVID-19 Pandemic on the valuation of these buildings.</p>