Why keep doing things by the book?
Nelson, R.
Why keep doing things by the book? - 1999 - Property Week 64(25) 25 June 1999, 8(1) .
A private property group, Rotch, has abandoned use of the RICS Red Book as a basis for valuing its portfolio, and switched to a method refined by an actuarial firm, William M Mercer. The approach uses the concept of 'embedded value', and employs discounted cash flow calculations.
RICS APPRAISAL AND VALUATION MANUAL
DISCOUNTED CASH FLOW
OPEN MARKET VALUE
VALUATION TECHNIQUES
PROPERTY PORTFOLIOS
Why keep doing things by the book? - 1999 - Property Week 64(25) 25 June 1999, 8(1) .
A private property group, Rotch, has abandoned use of the RICS Red Book as a basis for valuing its portfolio, and switched to a method refined by an actuarial firm, William M Mercer. The approach uses the concept of 'embedded value', and employs discounted cash flow calculations.
RICS APPRAISAL AND VALUATION MANUAL
DISCOUNTED CASH FLOW
OPEN MARKET VALUE
VALUATION TECHNIQUES
PROPERTY PORTFOLIOS