Lease incentives and effective rents; practical valuation aspects
Jefferies, R.L.
Lease incentives and effective rents; practical valuation aspects - 1993 - New Zealand Valuers` Journal March 1993, 24-34(10) .
An abridged version of a paper given to the 3rd Australasian Real Estate Educators Conference, held in Sydney January 1993. This paper looks at the practical valuation aspects of determining truely current market rentals and how a valuer should convert incentive driven contract rentals into effective rentals for comparative open market rental valuation purposes. Presents a model developed by the author.
INDUCEMENTS
LEASE INCENTIVE DECAPITALISATION MODEL
LEASE INCENTIVES
LEASES
NEW ZEALAND
VALUATION METHODS
Lease incentives and effective rents; practical valuation aspects - 1993 - New Zealand Valuers` Journal March 1993, 24-34(10) .
An abridged version of a paper given to the 3rd Australasian Real Estate Educators Conference, held in Sydney January 1993. This paper looks at the practical valuation aspects of determining truely current market rentals and how a valuer should convert incentive driven contract rentals into effective rentals for comparative open market rental valuation purposes. Presents a model developed by the author.
INDUCEMENTS
LEASE INCENTIVE DECAPITALISATION MODEL
LEASE INCENTIVES
LEASES
NEW ZEALAND
VALUATION METHODS