000			01086cab a2200205 4500
001			ABS38221
008			090401t1987 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u9311
041			_aeng
100			_aIssac, D.
245			_aAre property company assets undervalued?
260			_c1987
350			_a0
490			_aEstates Gazette _v283(6350) 5 September 1987, 1024-1026(2)
520			_aAssets of property investment companies are significantly undervalued on the Stock Exchange if the price of shares is compared with the property valuation of the assets held. This means that the total market value of share capital is less than the estimated value of a company`s property holdings. (Journal Abstract). In this article, the authors examine the estimated value, calculated here as the net asset value , which is the sum of all assets less liabilities. The difference between the market price per share and the net asset value per share- the discount - is also discussed.
690			_aRATING AND VALUATION
700			_aWoodroffe, N.
942			_n0
948			_c04/03/1997
999			_c5795 _d5795