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Tenants determine Sydney values

By: Language: English Series: Estates Gazette ; (9329) 24 July 1993, 78-81(4)Publication details: 1993Subject(s): Summary: The findings of a survey of Australian valuers conducted in late 1992 suggest that tenant reliablility, rather than location, has become the dominant factor in determining the capitalisation rate for office property in Sydney. The conclusion may be extended to recession-hit markets in Great Britain and the USA.

The findings of a survey of Australian valuers conducted in late 1992 suggest that tenant reliablility, rather than location, has become the dominant factor in determining the capitalisation rate for office property in Sydney. The conclusion may be extended to recession-hit markets in Great Britain and the USA.