Valuation theory of over rented buildings - a slice off the top?
Valuation theory of over rented buildings - a slice off the top?
- 1993
- South African Valuer (34) June 1993, 13-15(3) .
Takes a hypothetical modern office block in Sydney as a case study of the `top slice` method of valuation, a form of the capitalisation of net income approach. It is seen to be appropriate in market conditions where over renting is widespread.
AUSTRALIA
FALLING MARKET
INCOME APPROACH
LEASE INCENTIVES
OVER-RENTED PROPERTY
TOP SLICE METHOD
TOP-SLICING
VALUATION METHODS
Takes a hypothetical modern office block in Sydney as a case study of the `top slice` method of valuation, a form of the capitalisation of net income approach. It is seen to be appropriate in market conditions where over renting is widespread.
AUSTRALIA
FALLING MARKET
INCOME APPROACH
LEASE INCENTIVES
OVER-RENTED PROPERTY
TOP SLICE METHOD
TOP-SLICING
VALUATION METHODS