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Lease incentives and effective rents: a decapitalization model

By: Language: English Series: Journal of Property Valuation and Investment ; 12(2) 1994, 21-42(22)Publication details: 1994Subject(s): Summary: Reviews recent New Zealand legal cases involving CBD office building leasing incentives. Looks at the practical valuation problems of how a valuer should convert such incentive driven contract rentals into effective rentals for comparative open rental valuation purposes.

Reviews recent New Zealand legal cases involving CBD office building leasing incentives. Looks at the practical valuation problems of how a valuer should convert such incentive driven contract rentals into effective rentals for comparative open rental valuation purposes.