Hodnocení projektu investiční nemovitosti

This thesis is dedicated to the evaluation of a specific investment in a mixed-use property in Prague, analyzed from the perspectives of both the investor and the property administrator. The aim was to evaluate the project and determine whether it is sufficiently profitable and acceptably risky for the investor and the property administrator. To achieve this, various methods were employed to assess the project's surrounding environment, considering both market and locational contexts, the internal attributes of the investor and property administrator, as well as the project's business model. These inputs were subsequently integrated into a discounted cash flow (DCF) model, which served as the primary instrument for conducting the financial analysis. The DCF model incorporated actual data concerning rental income, operating expenses, investment outlays, and the technical condition of the property, collected in collaboration with the property administrator and the collective investment fund. The results of the analysis demonstrated that the project generates a positive economic value and satisfies the key investment criteria. Based on these findings, the investment was recommended for implementation.