Newsteer assessed compensation for loss in value to Carmelita House arising from acquired rights and a separate rights to light claim. Our report tested the loss against existing use and development values, informed the compensation budget and set out the route to a full claim.
The client’s challenge
The client needed to understand the potential loss in value to its freehold office asset and establish a robust basis for a compensation claim.
Our solution
Newsteer compared Existing Use Value with development value and assessed the impact of the rights acquired, producing a compensation estimate and recommended next steps.
Beyond advice: how we added value
The analysis considered both the existing investment and redevelopment potential of the asset, giving the client a fuller view of where value could be affected.
Outcomes and impact
The report established an evidence-based compensation budget and a clear strategy for progressing the claim.
