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Reconsiders some of the market issues surrounding the over‐rented property valuation problem and extends the discussion to the valuation of self‐financing properties where the market yield exceeds that of long‐dated stocks. Emphasizes the problem of using long‐term implied growth rates in market...
Continental Europe has a lot to learn from the developed real estate markets of the UK and the USA. Focuses on the problem areas where more information and more research are required.
Describes an analysis of a City of London office building in 1993. Attempts to show how the pricing process should be affected by a greater understanding of the purchaser′s view. Based on a real case.
Examines the economic basis of current approaches to analysing and forecasting the office property market. It considers both an aggregate regional and urban approach to these tasks, and contrasts these with a disaggregated urban/intra‐urban approach. Notes the need for local area forecasting and...
The process of privatization of state industries and utilities was a major feature of Government activity and the UK economy during the 1980s. Privatization was achieved in a number of ways and the treatment of land and property aspects varied. Traces the inconsistency of approach by Government...
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