A leading power company acquired the services of AA Property Solutions to conduct due diligence and valuation of National Power Corporation (NAPOCOR) properties in Luzon.
The properties include a 25-hec
tares industrial lot which houses the biggest power plant in Northern Luzon. “The assignment is quite challenging, both the scope of work and the timetable.” Agosto explains.
The appraisal is in line with the state-run Power Sector Assets and Liabilities Management Corp. (PSALM) thrust on disposing its non-power assets as part of its real estate asset privatization program.
AA Property Solutions is not new in this kind of assignment. Having appraised properties of the shipyard and warehouses owned by SMC Lighterage Corporation in Iloilo, multipole properties and equipment of Pilipinas Water Resources Inc. in Cebu and a mountain resort in Toledo City, and their knowledge in intensive research and property search made the assignment a big success.
AA Property Solutions is a company founded by Appraiser Gus Agosto, serving as its Owner and Principal Appraiser. AA Appraisal has been chosen and trusted by more and more corporation, lawyers and government agencies. It continues in raising the standard of appraisal practice through intensive research and market analysis.
“Our appraisal is more intensive and detailed in analyzing the relation of the market, urban economics and environment to the market value of a property”, he said.
The appraisal firm now strengthened its valuation services along the lines of market studies, highest and best use, socio-economic studies, due diligence, title and property search.
The firm has also lend its expertise before courts, universities and government institutions, both here in the Philippines and abroad.
During the site inspection
