Back to basis software
Language: English Series: Property Week ; 71(5) 3 February 2006, 129(1)Publication details: 2006Subject(s): Summary: REITs have the potential to revolutionise the property market place in that it aims move away from traditional big landlords owned mainly by institutions to trusts, meaning even smaller investors can invest in. But, a potential ruinous flaw seems to have been overlooked in the shape of its software. These new bodies will require frequent valuations to determine share values. Transferring key data featured in property management systems, such as rent and lease lengths, may prove a continuous task of manual alteration. This is a problem given that property management systems stick to the original data, so that even when this can be easily transferred to valuation programs, changes are overwritten.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L132466 (Browse shelf(Opens below)) | 1 | Available | 132466-1001 |
REITs have the potential to revolutionise the property market place in that it aims move away from traditional big landlords owned mainly by institutions to trusts, meaning even smaller investors can invest in. But, a potential ruinous flaw seems to have been overlooked in the shape of its software. These new bodies will require frequent valuations to determine share values. Transferring key data featured in property management systems, such as rent and lease lengths, may prove a continuous task of manual alteration. This is a problem given that property management systems stick to the original data, so that even when this can be easily transferred to valuation programs, changes are overwritten.