Technical hedging
What is an Appraisal for a Technical Hedging?
THE APPRAISAL THAT DETERMINES THE CURRENT ASSET VALUE BEFORE THIRD PARTIES
It determines the market value of properties that make up the assets of Insurance Companies, Collective Investment Schemes and Pension Funds with a regulatory, supervisory and transparent purpose before third parties with interests in these entities.
These appraisals are regulated in Spanish Order ECO/805/2003, in particular, Art. 2:
b) Determining the fair value according to Section 4 of the land registry rules and second value of the second part of the Accountancy Plan of insurance and reinsurance companies adopted by Spanish Royal Decree 1317/2008 of 24 July and determining the asset value according to Art. 68 of Spanish Law 20/2015 of 14 July on the regulation, supervision and solvency of insurance and reinsurance companies.
c) Determining the assets of the real-estate collective investment schemes regulated in Spanish Royal Decree 1309/2005 of 4 November that regulates the regulations of Spanish Law 35/2003 of 4 November that governs Collective Investment Schemes.
d) Determining the real-estate assets of Pension Funds regulated in Spanish Royal Decree 304/2004 of 20 December that adopted the Regulations on Pension Schemes and Funds.
Who needs an Appraisal for a Technical Hedging?
INSURANCE COMPANIES, CISS AND INVESTMENT FUNDS
As mentioned before, Insurance Companies, CISs and Investment Funds within the framework of Spanish Order ECO/805/2003 to determine the value of their assets.
What makes Gloval different?
We don’t deliver a value but rather a series or checks that lead to a value.
This type of appraisal is usually performed on entire properties of a certain entity. Gloval is used to this type of complex appraisals as we are constantly appraising this type of assets.
How we do an Appraisal for a Technical Hedging?
We provide a service supported by our experience and knowledge of technical hedging.
We put our many branches and over 1,100 local experts who master the local real-estate market at your disposal.
01
Order
Tell us your needs by filling in our form.
We will analyse your order, assign you a technical team and ask you for the documents we need.
02
We get started
Our technical team will contact you and arrange a date to visit the property and perform all the checks required by the laws, including registry records, occupancy status, development, cadastre, market and other checks.
03
Your value
Before you receive it, the property appraisal or valuation goes through a calculation process led by experts who specialise in the real-estate market and then a technical validation process run by Gloval to ensure the quality throughout the entire process and give you the best service possible.
04
Delivery
We will then send you the report and will remain at your disposal for any doubts you may have.
They trust us
Let’s have a chat
Share your concerns with us by filling in our form and we will contact you so that you can tell us all about your requirements.
