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Towards a Transparent Approach to the Appraisal of Over-rented Property

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CFMR_965.pdf (54.27Kb)
Date
1996
Author
Adams, Andrew T
Booth, P
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Abstract
We develop a number of alternative discounted cash flow approaches to the appraisal of over-rented property. These reveal the complicated risk characteristics and option characteristics of over-rented property, indicating that more sophisticated appraisal techniques are necessary.
URI
http://hdl.handle.net/1842/1853
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  • Business and Management Research Publications

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