La Française REM - Valuation of 50 Carrefour Market supermarkets On Behalf Of The French REM, as share of year OPCIs
C&W was asked by La Française REM (the management company in charge of the OPCI) to carry out the valuations within a one-month deadline in December 2011. The project included a site visit to each of the 50 Carrefour Market supermarkets located across France. The valuations had to be completed within one month in order to be able to take advantage of the tax benefits of article L210 E of the French Tax Code.
C&W set up a dedicated Valuation & Advisory team divided into two groups: one for the site visits and the other in charge of the valuations and calculation methods. The team had to work together and be highly organised in order to meet the deadline.
La Française REM was satisfied with our expert valuation work thanks to a motivated team which met the deadline, meaning La Française REM received the signature at the notary’s office before the end of 2011.