Market valuations of airports and aviation property are carried out primarily for financial reporting in terms of International Financial Reporting Standards (IFRS). The main building types at the airports are retail, offices, hangers, runways and aprons. Plant and machinery valuation including aircrafts, tugs, shuttle buses may be required for due diligence in acquisitions, takeover bids or mergers.
Further, with the support of in-house engineers our firm has specific experience in undertaking plant and machinery valuations including aircraft, aircraft tugs, shuttle buses and ancillary equipment. These valuations may be required for due diligence in acquisitions, takeover bids and privatisation purposes to internationally accepted standards.
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