The valuation of leasehold property
Language: English Series: Journal of Property Investment and Finance ; 26(5) 2008, 447-449(3)Publication details: 2008Subject(s): Summary: Using worked examples, explains that the market value of any interest (freehold or leasehold), represents the discounted value of the future benefits derived from the ownership of that interest. Reconsiders this idea in relation to leasehold valuations, using a discounted cash flow (DCF) technique. Concludes that the case of short leaseholds shows that DCF techniques should be used as the principal valuation method.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L145249 (Browse shelf(Opens below)) | 1 | Available | 145249-1001 |
Using worked examples, explains that the market value of any interest (freehold or leasehold), represents the discounted value of the future benefits derived from the ownership of that interest. Reconsiders this idea in relation to leasehold valuations, using a discounted cash flow (DCF) technique. Concludes that the case of short leaseholds shows that DCF techniques should be used as the principal valuation method.