TY  - JOUR
AB  - Purpose– Proposes to elucidate the relationship between implicit and explicit discounted cash flow (DCF) methods in freehold valuations.Design/methodology/approach– Sets out a calculation of annual growth with respect to a rack‐rented property.Findings– Finds that the advantage of the DCF model is that it makes the assumptions underpinning the valuation explicit.Originality/value– This shows how the valuer is allowed to analyse the market and to answer not only the question of the price of the property but also the question of whether it is worth that price.
VL  - 24
IS  - 1
SN  - 1463-578X
DO  - 10.1108/14635780610642999
UR  - https://doi.org/10.1108/14635780610642999
AU  - French Nick
ED  - Éamonn D'Arcy
PY  - 2006
Y1  - 2006/01/01
TI  - Freehold valuations: the relationship between implicit and explicit DCF methods
T2  - Journal of Property Investment & Finance
PB  - Emerald Group Publishing Limited
SP  - 87
EP  - 91
Y2  - 2024/04/24
ER  -