This up-to-date reference on property investment highlights the problems with existing techniques of property valuation and appraisal and identifies possible ways forward for both research and practice.
Notes on authors
vii
Acknowledgements
ix
Introduction
xi
Chapter 1 Property and Investment
1
(12)
A. R. Mac Leary
Chapter 2 Valuation Techniques: A Matter of Evidence and Motive
13
(10)
W. D. Fraser
Chapter 3 The Current Discounted Cash Flow Models for the Valuation and Analysis of Property Investment: An Examination of Some of the Problems
23
(25)
N. Nanthakumaran
Chapter 4 Depreciation and Property Investment Appraisal
48
(22)
A. E. Baum
Chapter 5 The Analysis of Risk in the Appraisal of Property Investments
70
(27)
S. J. E. Morely
Chapter 6 Forecasting of Rents
97
(13)
J. T. Hetherington
Chapter 7 Portfolio Theory and Property Investment Analysis
110
(24)
G. R. Brown
Chapter 8 Asset Pricing Models and Property as a Long Term Investment: The Contribution of Duration
