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Lease incentives and effective rents; practical valuation aspects

By: Language: English Series: New Zealand Valuers` Journal ; March 1993, 24-34(10)Publication details: 1993Subject(s): Summary: An abridged version of a paper given to the 3rd Australasian Real Estate Educators Conference, held in Sydney January 1993. This paper looks at the practical valuation aspects of determining truely current market rentals and how a valuer should convert incentive driven contract rentals into effective rentals for comparative open market rental valuation purposes. Presents a model developed by the author.

An abridged version of a paper given to the 3rd Australasian Real Estate Educators Conference, held in Sydney January 1993. This paper looks at the practical valuation aspects of determining truely current market rentals and how a valuer should convert incentive driven contract rentals into effective rentals for comparative open market rental valuation purposes. Presents a model developed by the author.