000 01274cab a22002055a 4500
001 L147572
008 090526s2009 xxk d f 000 0 eng d
035 _a(Sirsi) u147572
041 0 _aeng
100 1 _aMcAllister, Patrick
245 0 4 _aThe appraisal of data centres
_bdeconstructing the cash flow
260 _c2009
490 0 _aJournal of Property Investment and Finance
_v27(1) 2009, 65-80(16)
520 _aAnalyses the appraisal of data centres, a specialised form of real estate. Examines data centres as an asset class, discusses the appropriate appraisal framework, lists the appraisal information requirements and suggests an alternative approach involving a model which focuses on projected rental income, residual (land) value and liabilities and expenditure. Data centres have characteristics that differentiate them from conventional real estate assets, making applying conventional discounted cash flow difficult. Proposes an approach to appraisal using pricing signals from traded cash flows that are similar to cash flows generated from data centres. Notes. References. Tables and figure.
590 _aKA
651 4 _aEngland and Wales
_y1543-
690 _aPROPERTY-PROPERTY VALUATION AND APPRAISAL
700 1 _aLoizou, Pavlos
942 _n0
999 _c81570
_d81570