Property Investment Appraisal, 4th Edition

Sprache: Englisch

Verlag: John Wiley and Sons Ltd, United Kingdom, Hoboken, 2021

1118399552 / 9781118399552

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Artikelbeschreibung des Verkäufers

Discover an insightful examination of the property investment appraisal process from leaders in the industry This book explains the process of property investment appraisal: the process ofestimating both the most likely selling price (market value) and the worth of property investments to individuals or groups of investors (investment value). Valuations are important.They are used as a surrogate for transactions in the measurement of investment performance and they influence investors and other market operators when transacting property. Valuations need to be trusted by their clients and valuers need to produce rational and objective solutions. Appraisals of worth are even more important, as they help to determine the prices that should be paid for assets, even in times of crisis, and they can indicate market under- or over-pricing. In a style that makes the theory as well as the practice of valuation accessible to students and practitioners, the authors provide a valuable critique of conventional valuation methods and argue for the adoption of more contemporary cash-flow methods. They explain how such valuation models are constructed and give useful examples throughout. They also show how these contemporary cash-flow methods connect market valuations with rational appraisals. The UK property investment market has been through periods of both boom and bust since the first edition of this text was produced in 1988. As a result, the book includes examples generated byvastly differentmarket states.Complex reversions, over-rented properties and leaseholds areall fullyexamined by the authors. This Fourth Edition includes new material throughout, including brand new chapters on development appraisals and bank lending valuations, heavily revised sections on discountedcash flow modelswith extended examples, and on the measurement and analysis of risk at an individual property asset level. The heart of the book remains the critical examination of market valuation models,whichno other book addressesin such detail. The book has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged.…

Bestandsnummer des Verkäufers GOR013692626

Titel
Property Investment Appraisal, 4th Edition
Autor
Andrew E. Baum (Professor of Land Management, University of Reading Managing Director, Oxford Property Consultants, Reading)
Verlag
John Wiley and Sons Ltd, United Kingdom, Hoboken
Erscheinungsjahr
2021
Zustand
Very Good
Einband
Paperback
Sprache
Englisch
ISBN-10
1118399552
ISBN-13
9781118399552
Auflage
4. Auflage
Artikelgewicht
522 Gramm
Abmessungen
170.0 x 244.0

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