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Solutions to the five key brownfield valuation problems

By: Language: English Series: Journal of Property Investment and Finance ; 26(1) 2008, 8-37(30)Publication details: 2008Subject(s): Summary: Aims to solve the main problems in valuing brownfield sites. Finds that an approach to quantifying environmental uncertainty simulates a process used by buyers to establish the price paid for brownfields with contaminated land. Suggests that valuers need to emulate the buyer's processes when valuing this kind of property.

Aims to solve the main problems in valuing brownfield sites. Finds that an approach to quantifying environmental uncertainty simulates a process used by buyers to establish the price paid for brownfields with contaminated land. Suggests that valuers need to emulate the buyer's processes when valuing this kind of property.