Estimating effective rents

Brown, G.R.

Estimating effective rents - 1995 - Journal of Property Finance 6(2) September 1995, 33-42(6) .

Offers an approach to estimating effective rents based on the assumption that the net present value of incentives should be zero and presents a model which recognises that different aspects of the cashflows can carry different risk and should be valued accordingly. Includes examples.


DISCOUNTED CASHFLOW
EFFECTIVE RENTS
LEASE INCENTIVES
LEASE RENEWAL
RENT REVIEWS
VALUATION METHODS