WE ARE HERE TO HELP YOU MAKE A GOOD INVESTMENT
With Eron Real Estate Investment Consultancy service, it ensures that the commercial success of your individual or corporate real estate portfolio is sustainable and its value is increased.
Eron Investment offers investment consultancy services on how to use real estate investments most effectively by establishing the right connections in the risk, cost and opportunity cycle through academic studies and internationally accepted technical analysis methods.
Decisions to be taken regarding real estate; In order to create the most efficient and value-added solutions in terms of correct timing and market positioning, real estate and economic trends are closely monitored and the most suitable solutions are suggested to you.
Main investment consultancy services;
The service we provide on how to ensure maximum return with the most accurate distribution of the existing real estate portfolio or the real estate portfolios considered for investment. As Eron Group, we inform the relevant companies about the details, restrictions, risks and values of real estate portfolios, and the real potential of the property is revealed by determining the appropriate uses of real estate according to corporate investment strategies. By defining real estate as a whole, strategies are developed to maximize potential income. Within the scope of this process, the processes detailed below are followed.
A real estate inventory is prepared and examined under four main headings. Legally Restricted Real Estate, Real Estate That Will Complete Its Economic Life, and Real Estate That Is Expected to Decrease in Value and Expect to Increase in Value.
As a result of the determinations to be made for real estate; Development strategies for real estate for the future are determined for the corporate decisions of companies, considering the physical structure of real estate and the potential returns of profits obtained in the light of cost-benefit analyses.
Our solution suggestions for real estate that is determined to be legally risky, close to the end of its economic life and whose value is decreasing, guide you to make the best and most effective decisions.
The development of the real estate properties within the portfolio over the years is examined and their efficiency and value changes are monitored.
If you want to invest in real estate as a corporate entity; Market research is carried out according to the real estate types you have determined, and opinions and suggestions are given in line with the market and real estate trends in which region and what type of real estate investments should be made.
Capital investment provided by investors or loan financing provided by financial institutions for new constructions, real estate development, urban renewal, urban transformation and functional changes imposes certain risks on real estate investors and financial institutions. Services provided such as investment-related architectural and engineering projects, budget, work schedule, contracts, construction progress, investment expenditures, credit control, legal data and current status analysis, compliance and control of official documents, regular monitoring of costs and expenses are revealed through risk analysis. It allows early identification of possible risks.
Eron Group professionals provide consultancy services in managing and monitoring capital financing in all investment projects.
Construction Monitoring Process covers the process in which data regarding the progress and realization of the project is collected and this information is organized. Collecting and analyzing this information systematically and interpreting the data constitute the most important stage of the process. The information obtained allows evaluations to be made about the stage of the project and how much has been achieved. The construction progress report, which will be prepared on a periodic basis, includes current information about the physical realization level of the project, project inventories and realizations regarding the cost items spent. The Construction Monitoring process helps minimize risks with successful risk analysis studies.
As Eron Group, it undertakes the auditing task on behalf of the organization that provides loan financing to the project or the investor who contributes its capital. The customer is informed about all positive or negative factors that may affect the project through initial, interim and final reports.
During the project, Eron Group supports you on the following issues:
Work Program Suitability Determination
Budget Targets
Status of Physical Realization
Compliance Check with Relevant Laws and Regulations
Examination of Legal and Current Use Status of Building Areas
Spent Cost Control
Inception Report: It is the first report prepared regarding the project and its main purpose is to inform the customer about whether the project has started according to the planned goals.
Interim Reports: After the initial report, they are made regularly every month / every two months / every three months, at the time intervals you choose. The main purpose of the report, which is produced to inform the customer, is to determine the level of the project in line with its goals and, if there are deviations, to examine their effects on the project.
Final Report: It is published within one month after the completion of the project. The main purpose is to inform the customer about the results of the project.
Eron Investment develops site selection strategies for various sectors (shopping malls, logistics/industrial facilities, retail, etc.). The concept of location selection refers to determining the location with the best advantages according to various criteria in the short and/or long term. Location selection strategy is the study of selecting the most suitable location for the investment. The most effective factors that play a role in location selection are service availability and cost. Costs are considered as fixed and variable costs. The main factors affecting the cost are various costs depending on the sector. For logistics facilities, these types of costs are transportation and storage costs.
Location selection strategy is a decision that includes the size, geographical location and number of real estate, is at a long-term, strategic planning level, and requires macro and micro perspectives.
Ex: Location Selection Strategy According to Logistics Centers
In the macro analysis, where the targeted real estate will be located geographically is examined. The size and location of the real estate to be built are determined by taking into account customer service level and costs.
There are three basic systematics in macro analysis:
Positioning according to the market: Since customer service level, product life of the service offered, and high distribution costs of the products are taken into consideration, location selection is made at points close to the customer.
Positioning according to raw material: Since raw material life and proximity to locations and the high supply costs are taken into consideration as priority, location selection is made at points close to the supply source.
Positioning according to the optimal point: Here, positioning according to both the market and the product is taken into account with certain weights.
In micro analysis, the following factors are taken into account when determining the warehouse location within the selected geographical region:
A) Quantitative Factors:
Proximity; Duration, Distance, Number of Trips, Transportation Cost may be taken into consideration.
Closeness to Customers
Proximity to Suppliers
Proximity to Customs (Import-Export)
Land and/or Construction Cost
B)Qualitative Factors:
Zoning Status (type, comparable value, height, etc.) and Possibility of Change, Expropriation Risk,
Position (visual, advertising impact, etc.)
Proximity to Current and Future Main Transportation Routes, Availability of Optional Transportation Facilities (road, rail, sea and air)
Land Topography and Ground Properties
Infrastructure (electricity, water, natural gas, data, sewage, waste, transportation, etc.) Possibilities, Continuity
Ease of Access to Personnel, Personnel Availability, Personnel Service
Traffic jam
Disaster Risk, Insurance Fee
Neighboring Land and Buildings (activities carried out)
History of the land (previous owners and activities)
Expansion Possibility
Existence of Areas Suitable for Vehicle Maneuvering
Taxes and Incentives
Environmental Impacts (Proximity to Residences, etc.)
For the location selection of the real estate to be developed by Eron Group professionals, site selection strategy services are offered within the scope of the most rational location and location analysis studies, taking into account raw materials, energy, workforce, proximity to the market, natural conditions, transportation facilities, development potential and many other factors.
Real estate development service provided by Eron Investment; It covers consultancy services at all stages, from the construction process to the sale of the project to be structured after the procurement of land to be developed.
In order to complete the Project well and effectively, strategies are being determined to differentiate the project from its competitors in the market by making it capable of serving all the needs of real estate users, and to increase its competitiveness in the market for rental/sale and reduce the marketing risk of the Project.
The Real Estate Development Consultancy service mainly focuses on four issues.
Within the scope of the project, answers to development are sought in Market research & analysis, Most Efficient & Best Use Analysis, Economic Feasibility Modeling and Concept Development studies.
Market analysis is the most important part of the work as it forms the basis for the Most Efficient & Best Use Analysis. Market analysis includes defining the real estate and its immediate surroundings and determining demand and supply. The results and acceptances of the market analysis are also used in financial feasibility studies. Market analysis is a process that continues not only before the Most Efficient & Best Use Analysis but also throughout the feasibility period. Market analysis studies continue during the development and management stages of the project.
In order to form a basis for market research, Most Efficient & Best Use Analysis, the uses allowed by the existing plan conditions are determined and in projects that will compete in the market for these uses; Market research is conducted according to the usage types and components of the projects.
The figures that can be rented or sold are estimated after market research results, based on the types of projects to be developed on the land according to the brand power and sales capabilities of the developer.
It is the most important phase of the real estate development process and seeks answers to what type, how, when and where to develop real estate. In the real estate development process, the most efficient and effective use analysis is the method of testing the physical feasibility, legal permissibility and financial feasibility of a property and it is aimed to select the type of use that will be maximum efficient.
Real estate investors take risks in the process of expecting profit in return on the capital they invest. In order to calculate the revenues of a real estate development project, certain pre-accepted financial and economic assumptions must be made. With this service we provide, the developer’s decision on whether or not to participate in the project is supported and the decision to what extent of risk he will take is determined. For this reason, feasibility studies conducted before investment are of great importance.
Economic Feasibility Modeling Simulation
Identification of the real estate and its immediate surroundings,
Demand Analysis,
Supply Analysis,
Determination of Areas to Sell & Rent,
Cost Analysis
Financing Cost
Financial Analysis
Valuation
During the economic feasibility process; Market analysis is completed by defining the immediate surroundings of the real estate project to be developed. In the light of market analysis, the supply and demand balance is determined and the real estate areas to be sold/rented are determined and the potential income to be obtained from this area is calculated. The construction and financing costs of the project are determined and the evaluation is carried out through financial analysis.
The chosen direction of action of the real estate project to be developed is defined as feasible if, within certain constraints and available resources, a reasonable result is achieved in achieving the clearly defined goal. The investor is informed about this situation and the other steps of the real estate development process are started.
After the boundaries of the real estate project to be developed are determined at the feasibility stage, it should be determined long before the production stage whether the ideas produced have a place in the market. Therefore, research methods such as surveys, trend trends, one-on-one interviews and user testing are applied to determine the behavior, preferences, tendencies, habits and what they value of potential users.
According to the results of these researches, concept development details that can add value to the real estate project are determined.
Concept development details;
Target audience identification
Competitor project concept and mix use research
Advantages, disadvantages, pros and cons of the project to be developed against competing projects
Within the scope of the project to be developed, preparing studies on unit typology and m² distribution on the basis of type and presenting alternative suggestions,
Evaluating the suitability of the functions in the project to the project concept within the scope of “functional integrity”,
By examining the site plan, common social facilities, parking and recreation areas created by the architectural team, the elements that will affect the value of the real estate are presented as suggestions.
Determining the “Must Haves” and making suggestions on “Differentiation Criteria”,
Consultancy services are provided for sales and marketing activities by developing a concept suitable for the project.