The initial yield revealed: explicit valuations and the future of property investment

Baum, A.E.

The initial yield revealed: explicit valuations and the future of property investment - 1992 - Journal of Property Valuation and Investment 10(4) Summer 1992, 709-726(18) .

Identifies the inadequacy of traditional methods of investment valuation and of a surveyor`s education in this field. Illustrated with worked examples of valuations. Urges surveyors to develop investment advice separately from agency work and for the profession to respond to the changing investment market.


CASH FLOW MODEL
EXPLICIT VALUATION
FISHERS MODEL
GORDENS GROWTH MODEL
INITIAL YIELDS
INVESTMENT ANALYSIS
INVESTMENT
RICS
Valuation
YIELD DECONSTRUCTION
YIELDS