000 01094cab a2200301 4500
001 ABS59687
008 090401t1998 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u89542
041 _aeng
100 _aFrench, N.
245 _aPricing upwards-only rent review clauses
260 _c1998
350 _a0
490 _aJournal of Property Valuation and Investment
_v16(5) 1998, 447-454(8)
520 _aAnalysis of the effect of upward-only rent review leases on rental levels, compared to leases were rental values are allowed to fluctuate freely. Looks at how the upward-only adjustment clause can be priced by simulation, taking into account such factors as expected drift and volatility of rental rates.
650 _aFLEXIBLE LEASES
650 _aLEASE STRUCTURE
650 _aMONTE CARLO SIMULATION
650 _aOVERAGE
650 _aRENTAL LEVELS
650 _aUPWARD ONLY RENT REVIEWS
650 _aVALUATION METHODS
690 _aLANDLORD AND TENANT-RENT REVIEWS
700 _aWard, C.
700 _aHendershott, P.H.
942 _n0
948 _c06/11/1998
999 _c56667
_d56667