Property Valuation

Hong Kong Chief Executive unveiled the Northern Metropolis Development Strategy in the 2021 Policy Address speech. The proposed Northern Metropolis will become the most vibrant area where massive urban development and major population growth will take place in the next 2 decades. Various initiatives and infrastructure projects present ample opportunities for the younger generation of Hong Kong to shine whilst Hong Kong entrepreneurs and companies can take advantage of the supportive regulatory momentum and integration of the Greater Bay Area cities. Click <a href="../../../../../uploads/Northern_Metropolis_692318de00.pdf" target="_blank" rel="noopener">here</a> to read the full insights.  <a href="../../../../../uploads/Northern_Metropolis_692318de00.pdf" target="_blank" rel="noopener"><img src="../../../../../uploads/0001_5e2cc3b1c7.jpg" alt="" width="354" height="500" /></a>

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CFA, FCPA, FCPA (Aust.), MRICS, RICS Registered Valuer
Vincent is the Founder and Managing Director of AVISTA Group, who leads the firm’s Valuation Advisory, Risk Management Advisory, ESG Advisory and Corporate Advisory services in Hong Kong and the PRC.
Vincent has 20 years of experiences in valuation advisory, M&amp;A advisory, business consulting and corporate investment, advising clients in a range of industries, including TMT, financial services, pharmaceutical and energy etc. Hence, He has been leading the firm to make breakthroughs in these areas.
Before founding AVISTA, Vincent served as an Associate Director of PwC and was in charge of the valuation division in Beijing. He has advised numerous large M&amp;A deals in both China and overseas for multinational corporations and Chinese state-owned enterprises. He also has extensive experiences in providing valuation services for US and HK IPO listing.

VINCENT PANG

Managing Director

MHKIS, MRICS, RICS Registered Valuer
Sarah is responsible for property and fixed assets valuations for financial reporting and advisory purposes.
Sarah has over 8 years of experience in providing valuation and M&amp;A advisory services. She has led several local and overseas property valuation and advisory projects for transaction, feasibility studies and financial reporting purposes across a wide variety of property types, including residential, office, retail, hotel, industrial and resort properties. She was also involved in providing valuation services in numerous projects for HK listed or pre-IPO listing companies.
Prior to joining AVISTA, Sarah worked with Cushman &amp; Wakefield in the Valuation and Advisory Services Department.

SARAH LEE

Associate Director

Northern Metropolis—A Once-in-a-generation Opportunity for Hong Kong Youth

Fifth wave of COVID-19 outbreak, geo-political tension between Russia and Ukraine as well as the commencement of U.S. interest rate hike placed tremendous pressure on Hong Kong’s office market, yet It is the worst and best time for investors to plan ahead for their next acquisition. Amid the uncertain times, the new arrangements for charging land premium greatly reduce the time and cost needed for lease modification application and release the largest potential of rural land in the Northern Metropolis Area. In this publication, AVISTA Property Valuation team forecasted the office sales market to reach a short-term bottom in Q2 2022 despite shrinking rental, factoring in the uncertainty presented by the pandemic. Click <a href="../../../../../uploads/AVISTA_HK_Office_Market_Insights_Q1_2022_EN_089d7c7e1f.pdf" target="_blank" rel="noopener">here</a> to read the full insights. <a href="../../../../../uploads/AVISTA_HK_Office_Market_Insights_Q1_2022_EN_089d7c7e1f.pdf" target="_blank" rel="noopener"><img src="../../../../../uploads/AVISTA_HK_Office_Market_Insights_Q1_2022_EN_70968756c6.png" alt="" width="283" height="400" /></a>

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Pandemic Continues to Rattle Office Market—AVISTA HK Office Market Insights (May 2022)

On 18 March 2022, Aquila Acquisition Corporation has been successfully listed on Hong Kong Stock Exchange as the first IPO of a SPAC under HKEX’s latest listing regime. AVISTA Group is honored to be engaged in offering valuation services to Aquila Acquisition Corporation on the first SPAC listing in Hong Kong. Some retail investors may view the SPACs’ financial statements are similar to those of traditionally listed companies, yet the SPACs’ financial instruments are much more complicated. The structure of each SPAC warrant may differ and it is hard to make an apples-to-apples comparison. Therefore it is challenging to perform valuation for SPAC warrants, which requires proper evaluation by professionals and valuation specialists. Read the <a href="../../../../../uploads/SPAC_Warrants_Valuation_Guide_2022_EN_fd041a98d2.pdf" target="_blank" rel="noopener">SPAC Warrants Valuation Guide</a> now to discover more details. <a href="../../../../../uploads/SPAC_Warrants_Valuation_Guide_2022_EN_fd041a98d2.pdf" target="_blank" rel="noopener"><img src="../../../../../uploads/EN_1_bbdac8926d.png" alt="" width="400" height="566" /></a>

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Special Purpose Acquisition Companies (SPACs) Warrants Valuation Guide

The buzzwords “Web 3.0” and “Metaverse” have successfully captured a lot of media and public attention, provoking a worldwide metaverse frenzy since 2021. Web3, with blockchain as its backbone, has redefined the way we execute transactions via the Internet, for instance, creators selling content as NFT in OpenSea. There is no doubt that the metaverse will forever change the way people conduct social and business interactions in the future, but in what form will it take and which areas will be benefited most in the initial stage of its master plan? Click <a href="../../../../../uploads/Explore_the_real_world_opportunities_in_the_metaverse_EN_aa16745221.pdf" target="_blank" rel="noopener">here</a> to read on.  <a href="../../../../../uploads/Explore_the_real_world_opportunities_in_the_metaverse_EN_aa16745221.pdf" target="_blank" rel="noopener"><img src="../../../../../uploads/Explore_EN_cf822c9d16.png" alt="" width="353" height="500" /></a>