This partnership (2008) mainly involves auditing other valuers' property valuations for International Financial Reporting Standards purposes. PwC is the largest company in the world which provides audit, tax and advisory services. In Greece it is amongst the three largest companies in this field. We consider PwC as the most well esteemed and with a high potential partner. PwC acting as PROBANK liquidator instructed us for the valuation of a vast number of properties used by PROBANK for secured lending purposes (August 2014).
SOL S.A.C.P.A. - SOL Consulting S.A.
Our strategic partnership with SOL began as external valuers in the late 1990's. After the founding of GEOAXIS Property & Valuations Services (2006) our collaboration was broadened and we sign a strategic agreement with the SOL Consultancy as well. Our partnerships with SOL and SOL Consultancy are at an exclusive base. SOL AEOE is the oldest and one of the larger Chartered Accountants firms which provides audit, tax, and advisory services in Greece. SOL is our strongest strategic ally. To this day a major part of our property valuations we have conducted is due to the services we have provided to SOL AEOE and SOL Consulting S.A.
Our partnership with the National Bank of Greece began in 2012 and involves property valuations for Banks' secured lending purposes. NBG is the largest Bank institution in Greece and one of the largest banks in The Balkans. PANGEA REIT, an 100% subsidiary company of NBG instructed us for the portfolio valuation of MIG REIT, a listed company at Athens Stock Exchange (July 2014).
Our partnership with the fund began in 2006 and involves property valuations for Funds' secured lending purposes in the Attica region. The Loan and Consignment Fund is the largest state agency for providing housing loans to civil servants.
Our partnership with ALDI Hellas began with the set up of the company in the Greek market in 2006. Our collaboration was exclusive and involved valuation of properties that the company planed to buy or lease throughout Greece. Untli the day ALDI left the Greek market (August 2010) we had conducted over 200 property valuations. Our valuations were a key factor at decision making process for the management in Greece and Austria. Our valuations accuracy was published in the Kathimerini newspaper, Sunday 15/08/2010 remarking: In contrast with other German firms such as Plus(bought by AB) and Lidl, who were buying very expensive land from sellers and associates, even with overpricing, Aldi according to its executives and sources in Athens and Thessaloniki were buying land in reasonable prices.