Accès libre

Alternative Real Value Hybrid Model for the Valuation of Reversionary Leasehold Investment Properties

À propos de cet article

Citez

Adams, A., Booth, P., Bowie, D., & Freeth, D. (2003). Investment Mathematics. John Wiley & Sons Ltd.Search in Google Scholar

Ajayi, C. A. (1998). Property Investment Valuation and Analysis. De-Ayo Publications.Search in Google Scholar

Babawale, G. K. (2012). Paradigm Shift in Investment Property Valuation Theory and Practice: Nigerian Practitioners’. Response Mediterranean Journal of Social Sciences, 3(3), 217–228.Search in Google Scholar

Baum, A., & Butler, D. (1986). The Valuation of Short Leasehold Investments. Journal of Valuation, 4(4), 342–353. https://doi.org/10.1108/eb00799810.1108/eb007998Search in Google Scholar

Baum, A.E. & MacGregor, B.D. (1992). The Initial Yield Revealed: Explicit Valuations and the Future of Property Investment. Journal of Property Valuation and Investment, 10(4), 709-726. https://doi.org/10.1108/1463578921003133410.1108/14635789210031334Search in Google Scholar

Baum, A., & Shi Ming, Y. (1985a). The Valuation of Leaseholds: A Review: Part I. Journal of Property Valuation and Investment, 3(2), 157–166. https://doi.org/10.1108/eb00797210.1108/eb007972Search in Google Scholar

Baum, A., & Shi Ming, Y. (1985b). The Valuation of Leaseholds: A Review: Part II. Journal of Property Valuation and Investment, 3(3), 230–247. https://doi.org/10.1108/eb00797310.1108/eb007973Search in Google Scholar

Baum, A. E., & Crosby, N. (2007). Property Investment Appraisal (3rd ed.). Blackwell Publishing Ltd.Search in Google Scholar

Baum, A. E., Mackmin, D., & Nunnington, N. (2011). The Income Approach to Property Valuation (6th ed.). Elsevier.Search in Google Scholar

Brown, G., & Matysiak, G. (2000). Real Estate Investment: A Capital Market Approach. Financial Times-Prentice Hall.Search in Google Scholar

Colam, M. (1984). The Single rate valuation of Leaseholds. Journal of Valuation, 2(1), 14–18. https://doi.org/10.1108/eb00794510.1108/eb007945Search in Google Scholar

Crosby, N. (1983). The Investment method of Valuation: A real value approach: 1. Journal of Valuation, 1(4), 341–350. https://doi.org/10.1108/eb00793710.1108/eb007937Search in Google Scholar

Crosby, N. (1984). The Investment method of Valuation: A real value approach: 2. Journal of Valuation, 2(1), 48–59. https://doi.org/10.1108/eb00794810.1108/eb007948Search in Google Scholar

Crosby, N. (1986a). The application of Equated Yield and Real Value Approaches to Market Valuation 1: The Logic of Techniques and the Analysis of Comparables. Journal of Valuation, 4(2), 158–169. https://doi.org/10.1108/eb00799110.1108/eb007991Search in Google Scholar

Crosby, N. (1986b). The application of Equated Yield and Real Value Approaches to Market Valuation 2: Equivalent Yield or Equated Yield Approaches? Journal of Valuation, 4(3), 261–274. https://doi.org/10.1108/eb00799510.1108/eb007995Search in Google Scholar

Crosby, N. (1986c). Real Value, Rational Model, D.C.F.: A Reply. Journal of Valuation, 4(1), 16–20. https://doi.org/10.1108/eb00798410.1108/eb007984Search in Google Scholar

Crosby, N. (1996). Valuation and arbitrage: A Comment. Journal of Property Research, 13, 211–220. https://doi.org/10.1080/09599916.1996.996506910.1080/09599916.1996.9965069Search in Google Scholar

Crosby, N., French, N., & Ward, C. (1997). Contemporary UK market valuation methods for over-rented investment properties: A framework for risk adjustment. Journal of Property Research, 14, 99–115. https://doi.org/10.1080/09599919736866310.1080/095999197368663Search in Google Scholar

Crosby, N., & Henneberry, J. (2010). Changing Investment Valuation Practices in the UK. Paper presented at the Annual Conference of the European Real Estate Society, Milan.Search in Google Scholar

Crosby, N., & Henneberry, J. (2016). Financialisation, the valuation of investment property and the urban built environment in the UK. Urban Studies (Edinburgh, Scotland), 53(7), 1424–1441. https://doi.org/10.1177/004209801558322910.1177/0042098015583229Search in Google Scholar

Elias, T. O. (1971). Nigerian Land Law (4th ed.). Sweet & Maxwell.Search in Google Scholar

Fraser, W. D. (1993). Principles of Property Investment and Pricing (2nd ed.). Macmillan. https://doi.org/10.1007/978-1-349-13311-610.1007/978-1-349-13311-6Search in Google Scholar

French, N. (2012). The discounted cash flow method for property appraisals. Journal of Property Investment & Finance, 30(3), jpif.2012.11230caa.002. Advance online publication. https://doi.org/10.1108/jpif.2012.11230caa.00210.1108/jpif.2012.11230caa.002Search in Google Scholar

Harvey, J., & Jowsey, E. (2004). Urban Land Economics (6th ed.). Palgrave Macmillan. https://doi.org/10.1007/978-1-137-10336-910.1007/978-1-137-10336-9Search in Google Scholar

Hoesli, M., & MacGregor, B. (2000). Property Investment: Principles and Practice of Portfolio Management. Pearson Education Ltd.Search in Google Scholar

Hungria-Garcia, R., Lind, H., & Karlsson, B. (2004). Property yields as tools for valuation and analysis. Stockoholm. Royal Institute of Technology.Search in Google Scholar

Ifediora, B. U. (2005). Valuation Mathematics for Valuers and other Financial and Investment Analysts. Immaculate Publications Ltd.Search in Google Scholar

Isaac, D. (2002). Property Valuation Principles. Palgrave.Search in Google Scholar

Jefferies, R. (2010). Real Value Valuation for Property in the 21st Century? A comparison of conventional and real value models. Pacific Rim Property Research Journal, 16(4), 435–457. https://doi.org/10.1080/14445921.2010.1110431310.1080/14445921.2010.11104313Search in Google Scholar

Jefferies, R. L. (2009). A brief history and development of ‘Real Value’ Valuation Models - The last four decades. Paper presented at the Pacific Rim Real Estate Society Conference, Sydney, Australia.Search in Google Scholar

Jefferies, R. L. (1997a). A generic ‘real value’ valuation model. Paper presented at the 2nd European Real Estate Society Conference, European Business School, Berlin, GermanySearch in Google Scholar

Jefferies, R. L. (1997b). A ‘real value’ lessor’s and lessee’s interest valuation model. Paper presented at the 2nd European Real Estate Society Conference, European Business School, Berlin, GermanySearch in Google Scholar

Jefferies, R. L. (2016). All Risks Real Yield (ARRY) Investment Property Appraisal and Valuation Model - Theory & Practice [A research monograph]. An explanation of the All-Risks Real Yield (ARRY) Investment Property Valuation and Analysis Model its theory, practice and uses. Retrieved from https://dx.doi.org/https://doi.org/10.13140/RG.2.2.34901.63208Search in Google Scholar

Jefferies, R. L. (2018). Real estate real value investment valuation handbook: A Handbook explanation of the All-Risks Real Yield (ARRY) Investment Property Valuation model. Retrieved from https://www.researchgate.net/publication/328597397_Real_estate_real_value_investment_valuation_-_HandbookSearch in Google Scholar

Kucharska-Stasiak, E. (2019). Valuation schools and the evolution of the income approach. An evaluation of change trends. Real Estate Management and Valuation, 27(2), 66–76. https://doi.org/10.2478/remav-2019-001610.2478/remav-2019-0016Search in Google Scholar

Marshall, P. (1976). Equated yield analysis. Estates Gazette, 239, 493–497.Search in Google Scholar

McIntosh, A., & Sykes, S. (1983). Towards a standard property income valuation model: Rationalisation or Stagnation? Journal of Property Valuation and Investment, 1(2), 117–135. https://doi.org/10.1108/eb00792710.1108/eb007927Search in Google Scholar

Olajide, S. E., Lizam, M., & Olajide, E. B. (2016). Understanding The Conceptual Definitions of Cost, Price, Worth and Value. IOSR Journal of Humanities and Social Science, 21(09), 53–57. https://doi.org/10.9790/0837-210901535710.9790/0837-2109015357Search in Google Scholar

Sayce, S., Smith, J., Cooper, R., & Venmore-Rowland, P. (2006). Real Estate Appraisal; Value and Worth. Blackwell Publishers.Search in Google Scholar

Scarrett, D. (2008). Property Valuation: The five methods (2nd ed.). Taylor & Francis. https://doi.org/10.4324/978020396181010.4324/9780203961810Search in Google Scholar

Smith, I. O. (2007). Practical Approach to Law of Real Property in Nigeria (2nd ed.). Ecowatch Publications.Search in Google Scholar

Sykes, S. G. (1984). Property Valuation: A Rational Model. Journal of Valuation, 2(3), 258–270. https://doi.org/10.1108/eb00795610.1108/eb007956Search in Google Scholar

Udo, G. O. (1989). Modern Techniques of Property Investment Valuation: The Nigerian Response. The Estate Surveyor and Valuer, 13(1), 19–24.Search in Google Scholar

Udo, G. O. (2003). Model Building in Property Valuation. Enugu: Institute for Development Studies, University of Nigeria. Campus.Search in Google Scholar

Wood, E. (1986). Positive valuation methods: 2. Journal of Valuation, 4(2), 170–184. https://doi.org/10.1108/eb00799210.1108/eb007992Search in Google Scholar

Wyatt, P. (2013). Property Valuation (2nd ed.). Wiley-Blackwell.Search in Google Scholar

eISSN:
2300-5289
Langue:
Anglais
Périodicité:
4 fois par an
Sujets de la revue:
Business and Economics, Political Economics, other