Use and asset quality
An asset may serve a productive, residential or family heritage purpose. Making that purpose explicit distinguishes use value from economic value and places alternative uses in context.
PERCY & CO. / SWISS SINGLE FAMILY OFFICE
Property and real assets
Places, purpose and lasting value.
DISCIPLINE · DISCRETION · CONTINUITY
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A property’s value also depends on its use, maintenance commitments and surroundings. The perspective considers asset quality, economic sustainability and the responsibilities of ownership throughout its life cycle.
Areas of attention
- Use and asset quality
- Maintenance and investment
- Commitments and economic sustainability
Maintenance and investment
Maintenance and investment accompany the full property life cycle. Planning interventions and resources clarifies ownership commitments even when they do not generate an immediate return.
Commitments and economic sustainability
Recurring costs, available resources and possible changes in use affect an asset’s balance. A long-term perspective considers opportunities together with future obligations.
Understand. Decide. Steward.
A decision has meaning when it reflects its family context. The approach begins with a complete picture and makes objectives, responsibilities and time horizons explicit.
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Questions that shape decisions
01What role does the asset play in family wealth?
02What future commitments does it entail?
03How should alternative uses be assessed?