Vol Project

Replacement value
estimation of Lleida
Alguaire Airport

Property developed by Cimalsa for the Catalan Government in 2010. Both parties agreed to return the air rights for a value estimated from the cost of replacement of the asset, including all the elements of architecture, civil works and facilities needed for the proper operation of the property. Metier estimated this value by thoroughly reviewing the development documentation and visiting the asset, making an adjustment using accounting methods based on the fixed amortisation periods.

  • Infrastructure
  • Consulting | Strategy
  • ClientCimalsa
  • LocationLleida, Spain
  • UseInfraestructure
  • StakeholdersN/A
  • Built-up areaN/A
  • Asset Valuec.70M€
“We needed to fully understand the costs of the Lleida-Alguaire Airport and needed to have an assessment of a facility taking into account that the Airport is 10 years old and carries out more activities than those of air traffic. We had to conduct this exercise with no references available to compare. This was a good challenge that Metier decided to take on. And with a more than satisfactory result!”