000 00929cab a22001935a 4500
001 L145249
008 080918s2008 xxkad f s 000 0 eng d
035 _a(Sirsi) u145249
041 0 _aeng
100 1 _aFrench, Nick
245 0 4 _aThe valuation of leasehold property
260 _c2008
490 0 _aJournal of Property Investment and Finance
_v26(5) 2008, 447-449(3)
520 _aUsing 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.
590 _aKA
651 4 _aUnited Kingdom
_y
690 _aPROPERTY-PROPERTY APPRAISAL AND VALUATION
942 _n0
999 _c80749
_d80749