Throughout the Middle East, we are often asked to undertake market valuations of large mixed-use land portfolios, consisting of mainly agricultural and development plots. In order to arrive at a valuation, one must understand the current situation of each individual plot; the potential of each plot, and the contents of each plot.

Determining the above can sometimes be time-consuming and costly especially for large land portfolios where plots are located in remote locations.

The Challenges

Traditional methods can sometimes be slow, expensive, and often carry a high risk given the complexity of some instructions. These risks include but are not limited to potentially poor record-keeping and delays due to restricted access which can cause issues in the future.

Given the above risks and the need for accuracy, speed and record-keeping, CBRE recommends employing the use of drones for large land areas and portfolios where a detailing understanding of each plot is required.

  • Drone technology can quickly and accurately measure and record the contents of each plot in a time-efficient and cost-effective manner.
  • Valuers can identify which plots required further inspection, ensuring nothing is missed.
  • Detailed data (to an accuracy of 1cm per pixel) provides relevant information to help determine the market value and future potential.

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Creating Advantage

The data gathered by drones is precise enough to capture and assess every man-made and natural feature accurately. Conducting these surveys using drones opens a whole host of new possibilities, with the survey and valuation reports completed at a quicker turnaround time than ever before. The ROI return is considerable in terms of time & manpower reduced, especially in large-scale projects.

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Surveying and inspection using drone technology

  • Cost efficiencies v traditional methods
  • Quicker than traditional methods
  • Comprehensive data collection
  • Greatly reduced health and safety issues
  • Full compliance with Civil Aviation Authority rules and regulations

 

New perspectives

  • Operate in hard to get to areas, traversing distances in hours that would take days or weeks
  • Consistent high accuracy with georeferenced data
  • Clear and detailed visualisation with volumetric calculations and measurements

 

Providing innovative problem-solving strategies

  • Enables accurate valuation reports
  • Data held on a secure cloud platform

For more information on how CBRE can help provide valuation reports for your developments, contact: Cathal Kenny or visit our website for more detailed information.

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