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Valuing the refurbishment cycle

By: Series: Property Management ; 18(1) 16-24(9)Publication details: 2000Subject(s): Summary: Describes, using discounted cash flow techniques, a simple method of assessing the value of a property under varying costs of refurbishment, occupancy costs as well as rates of rental depreciation. The method takes life cycle costing into valuation. A consequence of the method is to allow identification of desirable duration of leases between refurbishments. References.

Describes, using discounted cash flow techniques, a simple method of assessing the value of a property under varying costs of refurbishment, occupancy costs as well as rates of rental depreciation. The method takes life cycle costing into valuation. A consequence of the method is to allow identification of desirable duration of leases between refurbishments. References.