Notes the suggestions that surveyors and valuers should changetheir methodology to make explicit assumptions about inflation, growthrates and yield movement. Reports on the spread of discounted cashflowsDCF to the appraisal of large development projects and for use ininvestment appraisals. Concludes that if property investors cease to bedominated by institutions, the likelihood is that DCFs will become morecommon as a valuation method.
Journal of Property Valuation and Investment – Emerald Publishing
Published: Jan 1, 1991