How important is security of income in the valuation of CBD office buildings?

Parker, D.R.R.

How important is security of income in the valuation of CBD office buildings? - 1992 - Valuer and Land Economist 32(3) August 1992, 190-194(3) .

Tenant security is generally held to be an important factor in assessing a suitable capitalisation rate for an office investment. This article outlines the results of a survey of valuers in Sydney which found security of income to be second only to location as a determinant of the capitalisation rate for office investments.


ASSET VALUATION
AUSTRALIA
CAPITAL VALUES
CAPITALISATION RATE
INCOME STREAMS
INVESTMENT PROPERTY
INVESTMENT VALUATION
RATES OF RETURN
RESEARCH
SECURITY OF INCOME
Valuation