Uncertainty in property valuation: the pricing of flexible leases (Record no. 66360)

MARC details
000 -LEADER
fixed length control field 01259cam a2200241 4500
001 - CONTROL NUMBER
control field ABS63787
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 000000n2001 000 0 eng u
035 ## - SYSTEM CONTROL NUMBER
System control number (Sirsi) u111385
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name French, N.
245 ## - TITLE STATEMENT
Title Uncertainty in property valuation: the pricing of flexible leases
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2001
490 ## - SERIES STATEMENT
Series statement Journal of Corporate Real Estate
Volume/sequential designation 3(1), 17-27(11)
520 ## - SUMMARY, ETC.
Summary, etc. Looks at changes since the 1980s in the treatment of capital and rental valuations. During the 1980s the market was notably uniform. Most leases were granted for a 25-year period, and rental valuation could be made by direct comparison on a pro-rata basis. Similarly, capital valuation was largely carried out by direct capital comparison. However, in the late 1990s, with emergence of more uncertain market conditions, tenants began to demand more flexible lease contracts. Argues that this new uncertainty in the market can be built into pricing models by using probability-based models. Provides examples.
590 ## - LOCAL NOTE (RLIN)
Local note ABS
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element FLEXIBLE LEASES
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element LEASE PRICE
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element BREAK OPTIONS
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element WORTH
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element PROBABILITY
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element PROPERTY VALUATION
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element PROPERTY-PROPERTY APPRAISAL AND VALUATION
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Suppress in OPAC 0
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Shelving location Date acquired Total Checkouts Full call number Barcode Date last seen Copy number Price effective from Koha item type
    Dewey Decimal Classification     London London Journal article 13/03/2001   ABS63787 111385-1001 06/08/2019 1 06/08/2019 Journal article