The Mission :
As part of an accounting revaluation of it’s assets (IFRS) PRADA France regularly launch investigations to determine the market value of the leasehold rights of it’s branch stores.
The Solution :
Draco Partners was approached due to it’s long term experience in the luxury market and proposed an in depth mission analysis allowing PRADA auditors to deliver their annual accounts on updated market valuations.
The Result :
The method of analysis developed by Draco Partners, a very active player in the transaction of luxury market retail premises, lead to a concrete enhancement of the current market value, translating to an accounting plan for PRADA’s network of stores.