The renting of an asset means the determination of the amount by which property owner gives its use up to a third party. Generally, work on this concept is linked to real estate whereby valuations or analyses of transfer rights can be carried out. However, our expert opinion is often asked regarding the analysis of more complex lease formulas such as variable leases (often found in hotel management), business leases and parts thereof, equipment or other assets.
In this sense, it must be highlighted the analysis of the implications of the new IFRS 17 regarding the proper accounting of lease contracts (especially for tenants), which implies the registration in their balance sheet of the rights and obligations of the lease contract, by activating the right to use the asset against the value of accruable debt by the lessor up until the termination of the right, along with its exceptions.
VALTECSA carries out specialised works linked to the determination of all types of market leasing (not only real estate) and typologies (residential, commercial, hotels, non-residential land), as well as conducting studies on complementary work (experts, Sales and Lease Back procedures…).
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