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Valuation for Royal Bank of Scotland, 2008
Jones Lang Lang LaSalle Hotels was instructed by Royal Bank of Scotland (RBS) to re-valuate – for Loan Security purposes - the five-star Molino Stucky Hilton Hotel in Venice.
We knew the property as we completed a previous valuation of it at the end of 2006, we anyway completed an adequate re-inspection of the premises and met with Acqua Marcia (the owners) representatives who provided all relevant information.
We completed the valuation two weeks after receiving the mandate. Our client expressed his satisfaction with the report.
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