Survesis - Kampala, Uganda

COMPANY PROFILE
Formed in February 2008, Survesis is a full-service Real Estate/ Property Valuation Consultancy Firm, which is well established with competitive experience. Our reputation has been built on consistently providing our clients with quality service and true value, thus earning their trust.

We are located in Kampala at Agip House; Plot No. 9 Kampala Road, 1st floor rooms 1 - 3. The firm provides outstanding, timely and cost effective professional services to a variety of clients, such as Banks, small and medium sized Businesses and Professional Individuals. Professional services provided consist of Property Valuations (for various purposes), Residential Development Advice, Project Management, Facilities Management & Planning, Market Research & Analysis, Tenant & Corporate  

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Representation/ Occupier Solutions, New Developments and Upgrades, Retail Leasing, Leasing and Sales (Agency), Development Management.
The firm is affiliated and registered with all appropriate nationally recognized accounting bodies such as;
• The Registered Surveyors of Uganda (RSU)
• The Royal Institute of Chartered Surveyors (RICS)
• The African Real Estate Society (AFRES)

Since our inception, we have recognized the need to provide both specialized and comprehensive services to our clients. Accordingly, we have recruited well trained and experienced personnel to provide expert service in all areas traditionally offered by a Registered Surveyor’s firm. Furthermore, we provide diversified training and experience for our staff to enable them to recognize issues and problems outside of their area of specialization. Such an approach enables us to provide clients with an array of value-added services. At Survesis we utilize our diverse staff expertise to solve the same challenges that our client firms are experiencing.

Our Vision:

To be a prime property advisor in the East African Markets.

Values:

Survesis is best known for its efficiency and good clientele behaviour, our focus is to maintain a high level of corporate governance which is built into the moral fibre of our organization. Our actions are driven by the following value system: Integrity, Confidence, Progress, Focus and Involvement.




OVERVIEW OF PROFFESSIONAL SERVICES RENDERED

Survesis offers a broad spectrum of services which include:-

 Valuations for various purposes
• Mortgage finance
• Sophisticated investment information and expertise
• Market values, Replacement values, Investment values
• Discounted Cash Flow Assessments
• Arbitrations and Expert Witness Services to lease arrangements
• Rental Values
• Estimated new replacement cost for insurance
• Financial reporting and Portfolio management
• Valuation for Property Tax
• Valuation for Acquisition and Compensation
• Valuation for Mergers and takeovers

 Residential Development Advice
 Project Management
 Facilities Management and Planning
 Market Research and Analysis
 Tenant and Corporate Representation/Occupier Solutions
 New Developments and Upgrades
 Retail Leasing
 Leasing and Sales (Agency)
 Development Management
 Asset management

Basis of carrying out Valuations:

These depend on the purpose of valuation as well as the asset type
 Comparable Method
 Investment Method
 Replacement/ Depreciated Replacement Cost
 Profits Method
 Business Valuation Methods such as dividend’s method, Ratios and Statement of Financial Position

MANAGEMENT POLICIES

a) Employee Integrity

It is the responsibility of every employee to ensure at all times, that his/her work and conduct is maintained at the standard required by the company. It is the Company’s responsibility to keep every employee regularly informed of his/ her effectiveness or shortcomings in work performance and conduct. This responsibility is vigilantly exercised by the supervisor (s) at every level. Professionalism, discipline and teamwork are a key in ensuring that employee integrity is kept at its optimum. Appropriate disciplinary action is taken for breach of the required discipline.

b) Code of Conduct/Ethics

A policy document on code of conduct and ethics is in place. Furthermore, the company through its principal and professional staff subscribe to; The Institution of Surveyors of Uganda and the Surveyors Registration Board that have established codes of conduct/ethics.

c) Company Employment Policy

The company has a documented employment policy whose highlights are as below.
The Company’s objective is to attract, recruit and retain motivated high performers. Some of the key highlights of the employment policy are:

• Established posts falling vacant shall be filled through open sourcing where there is no suitable candidate within the firm. Development of common assessment standards is critical to identifying and securing the right talent for the company.
• It shall be the condition of employment that an employee shall keep company affairs or issues related to business carried on by the company confidential and shall not divulge or communicate the same to any other company, person or firm without previous consent in writing of the company.
• Probationary Period: All new employees are engaged on probation in the first instance. The normal period of probation is three months at the end of which the probationer is either confirmed, have their probation period extended or have his/her services terminated in accordance with the letter of probationary appointment.

CONTINUOUS PROFESSIONAL DEVELOPMENT

To keep abreast with developments in the market, our staffs are required to endeavour to read literature on developments within the real estate industry such as journals, books and publications by various professional bodies in and outside the country like The Institution of Surveyors of Uganda, Royal Institution of Chartered Surveyors and the International Valuation Standards Committee amongst others. Staff is also encouraged to attend seminars, workshops, talks, luncheons and other activities organized by such professional bodies to sharpen their skills and broaden their capacity as professionals.



PROFESSIONAL INTEGRITY:

Over nineteen years’ practice/working engagements for our senior consultant and to date, we have not had any accusation/charge whatsoever arising from professional negligence or malpractice or any form of disciplinary issue with both The Institution of Surveyors of Uganda (I.S.U) and The Surveyors’ Registration Board (S.R.B).

This attests to our continued endeavour to uphold professionalism, fundamentals of valuation practice and observance of sound professional ethics in the execution of valuation assignments hence lending effectively towards the attainment of our clients’ objectives.

PERSPECTIVE:

Valuation services undertaken on instructions from financial institutions are more often than not geared towards facilitating lending or other incidental purposes that are time-sensitive.

Consequently, the turn-around period for a valuation report in such instances is quite integral in helping the bank/institution achieve its targets and satisfy its clientele.
We apply ourselves to ensuring that the bank’s (and consequently its clientele’s) objectives are met by timely and effective servicing of orders/instructions.
Normally, the turnaround period for conclusion of most valuation assignments depends on the scope of the work involved and other pertinent issues. Boasting of young, energetic and experienced personnel, we believe we can comfortably achieve this feat.

CAPACITY OVERVIEW

The company’s capability in the provision of valuation services is as highlighted above and specifically in the attached curriculum vitae of individual technical/professional personnel.
The facilities and resources that the company has to aid the handling of valuation assignments includes but is not limited to:
• Permanent offices at Agip House (1st Floor Rooms 1-3) in Kampala
• Necessary office equipment viz. computers, printers, copiers, fax machines, desks, telephones, mobile phones;
• Laptop computers, digital cameras, measuring tapes and three (3) cars for field work/inspections. Where necessary, additional vehicles are/can be hired for assignments.
• Email/internet connection.

The firm has good links with individual professionals who can complement its regular resources with other skills that may be needed for particular assignments such as civil, electrical and mechanical engineers, land surveyors, insurance experts, accountants, and legal experts.