Valuation

The department has been involved in many large scale valuations, involving Land, Buildings, Plant and Machinery, heavy Mobile Equipment, Motor Vehicles, Site works, Water Supply, Radio Communication Equipment, Furniture, Fittings and Office Equipment. The firm has also been involved in several valuations for way leaves, site acquisitions and compensation. The firm also has a lot of experience in carrying out valuation of all categories of assets and preparation of asset registers and asset inventories, feasibility studies and consultancy

The department is headed by Mr. Stephen Waruhiu who has 34 years’ experience in property valuation with the assistance of Mr. Peter Muswii, who is the director of valuations. The department is also assisted by two other directors, Mr. Charles K. Migwi and Mr Kenneth M. Masika, who are Registered and Licensed Valuers and Members of the Institution of Surveyors of Kenya, two (2) senior valuers who are Members of the Institution of Surveyors of Kenya, five valuers and four support staff.
The functions of this department are:

  • To carry out appraisals for fixed and movable assets, including land and developments, plant and machinery, furniture and fittings.
  • To carry out feasibility studies on proposed developments in order to maximize returns from the development.
  • To carry out investments assessments, so as to advise on the highest possible returns.
The objectives are as follows:
  • To collect, interpret and analyze data, in order to produce quality valuations.
  • To liaise with other professions and institutions, to keep abreast with the changing trends in the market.
  • To train and motivate staff to efficiency in order to sustain continuity and goodwill in our relationship with clients.
  • To interact with our clients and seek new clients, in order to sustain and obtain new assignments.
  • To keep abreast with changing technology, to embrace new valuation techniques and report writing.
Some of the major valuation assignments include:-
  • Parastatals
  • Large Industrial/Manufacturing Companies
  • Banks
  • Insurance Companies
  • Agro Based Companies
  • Embassies
  • Hotels
  • Oil Companies