KATE Innovations and NVM launch calculation module Agrarian & Rural

KATE Innovations is launching a calculation module for Agricultural and Rural real estate. This module was created in cooperation with NVM. The NVM has long wanted to launch a transparent calculation model that can be used by the entire sector. In addition, this development responds to the increasing demand from banks for transparent, standardized and verifiable calculation models.

For appraisers of agricultural and rural real estate, the newly developed model offers the opportunity to become data-driven. In addition, the model is 100% consistent with the real estate taxonomy developed by the major banks in cooperation with SBR Nexus.

In an earlier phase, the industry associations already joined forces to arrive at a joint data standard. Based on this standard, the new valuation platform Agrarian & Rural was developed by KATE Innovations.

Erik Schlooz, CEO KATE Innovations: “By launching an open, transparent and market-supported calculation model, we offer the appraiser and the financier the opportunity to work together in a constructive and substantive manner. Because the calculation model is entirely based on the real estate taxonomy, the appraiser is now and in the future able to deliver data directly to the bank in an efficient manner.

The data standard developed by the industry associations will be made available to the market by SBR Nexus. The calculation models including calculation rules will also be made available to the market. With this we are opting for an open playing field and are working together with the industry associations and the banks on a high-quality and transparent valuation process.