The appraisal of data centres deconstructing the cash flow
McAllister, Patrick
The appraisal of data centres deconstructing the cash flow - 2009 - Journal of Property Investment and Finance 27(1) 2009, 65-80(16) .
Analyses the appraisal of data centres, a specialised form of real estate. Examines data centres as an asset class, discusses the appropriate appraisal framework, lists the appraisal information requirements and suggests an alternative approach involving a model which focuses on projected rental income, residual (land) value and liabilities and expenditure. Data centres have characteristics that differentiate them from conventional real estate assets, making applying conventional discounted cash flow difficult. Proposes an approach to appraisal using pricing signals from traded cash flows that are similar to cash flows generated from data centres. Notes. References. Tables and figure.
England and Wales--1543-
The appraisal of data centres deconstructing the cash flow - 2009 - Journal of Property Investment and Finance 27(1) 2009, 65-80(16) .
Analyses the appraisal of data centres, a specialised form of real estate. Examines data centres as an asset class, discusses the appropriate appraisal framework, lists the appraisal information requirements and suggests an alternative approach involving a model which focuses on projected rental income, residual (land) value and liabilities and expenditure. Data centres have characteristics that differentiate them from conventional real estate assets, making applying conventional discounted cash flow difficult. Proposes an approach to appraisal using pricing signals from traded cash flows that are similar to cash flows generated from data centres. Notes. References. Tables and figure.
England and Wales--1543-