Valuations - GRUPPO YARD

Yard Group
Yard Group
About us
Yard Group is a full service provider in the real estate market with 15 years of experience. The Group is a reliable and
competent partner for valuations, technical assistance to acquisitions and disposals of large property portfolios.
Yard Group is composed of six companies able to meet clients’ requirements, applying coordination and synergy.
bespoke
solutions for:
Banks,
insurance
companies,
investment
funds,
investment
management
companies
Real estate
operators
Public Agencies
Religious
institutions
Property
companies
with largesized portfolio
NPL investors,
servicing
companies,
Yard Group
About us
Up to now Yard Group has carried out services of Due diligence, Valuation and real estate portfolio optimisation for
over 30 million sqm. It also acted as advisor in relevant property dismissals for public and private clients.
Yard highlights:
 Complete national coverage with highly skilled professionals and knowledge of local markets
 Highly skilled internal resources
 Internal IT dept. able to create and constantly update in-house web-based portals
 Each company operates with its own web-based portal allowing interaction with external professionals and clients in
real-time
 52 full time employees & professionals
 400 external professionals
Yard Group
About us – Organization Chart
CDA YARD Holding
Presidente
Amministratore Delegato
CFO
Ilvo Bruschi
Gianfranco Navone
Marina Roveraro
YARD Value
YARD CAM
YARD BASE
YARD RE
Amministratore Delegato
Amministratore Delegato
Amministratore Delegato
Amministratore Delegato
Amministratore Delegato
Antonio Dallera, Tiziano
Marelli
Gianfranco Navone
Stefano Scopigli
Alberto Ravera
Alessandra Varetto
Direttori Tecnici
Direttore Operativo
Direttori Tecnici
Direttori Tecnici
Direttori Tecnici
Ubaldo Palmidoro,Carlo
Padovani
Carla Viara
Luca Bozzano
YARD Valtech
Fabrizio Giacon, Alberto
Quaretti
Alberto Ravera
Yard Group accounts for about 52 employees based in Milano, Roma, Cuneo and it has long lasting relationship with about
400 highly skilled professionals
Yard Group
Valuations
The main clients are banks and insurance companies, private and public instutional investors, investment banks, real
estate funds, public and religious institutions.
Valuation methodologies are fully compliant with national and international standards and the best practice in the field.
A Research Division supplies the Valuation Dept with local market surveys.
Knowledge of local markets and the independence of Group are the key factors that enable Yard to excel in Valuation
services.
Valuation
approach
Highest e
Best Use
Analysis
Market
Comparison
Approach
(MCA)
Income
approach
/Direct
capitalisation
Valuation
standards
Royal
Institution
of Chartered
Surveyors
(RICS)
International
Valuation
Standards
Committee
(IVSC)
International
Accounting
Standards
(IAS/IFRS)
Discounted
cash flow
analysis
Residual
method
Institution
for the
supervision
of insurance
(IVASS)
ABI
guidelines
(Association
of Italian
banks)
Existing Use
Value
Yard Group
Valuations
Valuations
Feasibility studies
Plant Valuations
Market value
Assessment of the property
potentiality (technical and town
planning features)
PV systems
RE fund valuations as Independent
valuer
Demand analysis
Geothermal plants
Valuation for insurance purposes
(IVASS)
Valuation for accounting purposes
(IAS/IFRS)
Supply analysis
Biomass plants
Highest
& Best Use Analysis
NPL valuations
Yard Group
Valuations
Mortgage valuations are produced through a web based portal and implemented by a network of chartered
professionals able to offer national coverage. A strict internal quality control completes the process.
Internal senior professionals supervise the entire process.
Valuation
types
Purpose
of
valuation
Desktop
valuation: based
on the
documentation
supplied
Drive-by
valuation:
No inspection,
Comparable data
provided
Standard
valuation:
inspection and
local market
survey
Portfolio valuation
update
Mark to market
Delinquent
mortgage
D.D. process
Granting of
mortgage loan
Refurbishment
mortgage
Advanced
valuation:
Town Planning
analysis is included
Large property
transactions
Development
mortgage
Yard Group
Advisory services
Yard supports the clients through their strategic choices relating to the optimization of their property portfolio vis à
vis technical, financial and commercial viewpoints
Specifically Yard Group supports clients with:
Acquisition,
dismissal &
optimisation
Market survey
and technical
feasibility
study
Strategy &
Business
planning
Information
memorandum
to would-be
developers,
potential
investors or
financing
institutions
Support in
identifying of
potential
financial
institutions and
investors
Assistance to the
deal closing,
identification of
potential users
Yard Group
Advisory services
Property dismissals
Project finance
Portfolio analysis and segmentation
Assistance in structuring and developing
of real estate funds
Analysis of portfolio timing,
workout cost and sale values
Assistance in selecting and assessing
indirect real estate investments
Dismissal procedures and strategies
Set up of a dataroom
Documentation analysis, assistance and assessment
relating to ongoing bids
Business planning
Technical and economic support relating to the real
estate operations
Assistance with financial advisors, arrangers, rating
companies etc.)
Management of sale procedures up to closing
Yard Group
Distressed asset management
Distressed Loans and RE asset management services are offered to banks, investors and institutional operators
involved in the management and recovery of credit secured by real estate properties.
Yard is able to offer support services related to judicial and non judicial foreclosures or repossession procedures with
a specific expertise on corporate or top loans.
Advisory services
related to mortgage
loan portfolios, sales
and
securitisation
Due
diligence/pricing
Business Planning
Bad debt preventive
management,
appraisal support and
credit restructuring
Promotion of judicial
auctions
(identification of third
party bidders and
assistance to auction
process)
Bidding at judicial
auctions assisting the
creditor in
repossession
procedures (ReoCo)
Advisory and
management of
dismissal of RE
collaterals related to
restructuring
operations
Services
Credit recovery
Yard Group
Agency
Yard RE agency allows Yard group to directly perform the real estate agency business, completing the range of
integrated services deploied to achieve our Client's objectives in a fully compliant environment.
Real estate high profile brokerage services are offered to private and public owners, Investors, Funds,
ecclesiastical institutions.
and
Yard RE benefits from the broad experience and successful track record Yard Group has developed over more of 20
years as a full real estate service provider with an unparalleled knowledge of the Italian market.
Yard Group
Banks and insurance companies
Unicredit Banca
J.P. Morgan
Generali
Gruppo BPER
Intesa San Paolo
Hypo Tirol Bank
Monte dei Paschi di Siena
Gruppo UBI Banca
Banco Popolare
Banca Italease
Morgan Stanley
Real Mutua Assicurazioni
Barclays Bank Plc/Woolwich
Banca Ifis
Deutsche Bank
Alcuni Clienti del Gruppo
Public institutions
Comune di Venezia
Comune di Torino
Comune di Savona
Regione Abruzzo
Provincia di Brescia
Azienda Municipalizzata Igiene Urbana Bologna
Azienda Municipalizzata Igiene ambientale Verona
Azienda Municipalizzata Gas e Acqua Genova
Gruppo Torinese Trasporti Spa
Fondazione Querini Stampalia
Consorzi agrari d’Italia
Alcuni Clienti del Gruppo
Service companies
Ernst & Young
Abf Leasing
PriceWaterhouseCoopers
Fineco Leasing
Deloitte & Touche
Ubi Leasing
Italfondiario
Prelios Credit Servicing
McDonald
First Atlantic Credit Servicing
COIN
KPMG
Leasint
Alcuni Clienti del Gruppo
Service companies
Eni Servizi SPA
Telecom SPA
Agip Petroli
Aeroporti di Roma
Gruppo Enel
Ente Fiera Milano
Ferrovie dello Stato SPA
Fiat
IBM Italia SPA
Fina Tamoil
Alcuni Clienti del Gruppo
Contacts
Milano - 20122
Roma - 00186
Corso Vittorio Emanuele II, 22
Tel. +39 02.778070.1
Fax. +39 02.76319216
[email protected]
Via Del Banco di S. Spirito, 3
Tel. + 39 06.6864749
Fax + 39 06.68308499
[email protected]
www.yard.it