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Property share valuation

Journal of Valuation

ISSN: 0263-7480

Article publication date: 1 February 1990

Abstract

Discusses the distinctions between property investment/development companies and property developer/trading companies, and notes the differences in valuation methodology. Explains that the valuation of property investment/development company shares is based on estimated net asset value (NAV), and the process by which the shares may be traded on the stock market at a discount or a premium to this. Identifies the factors which influence the discount or premium to NAV and suggests a framework whereby the shares may be evaluated in a more explicit manner.

Keywords

Citation

Adams, A. and Venmore‐Rowland, P. (1990), "Property share valuation", Journal of Valuation, Vol. 8 No. 2, pp. 127-142. https://doi.org/10.1108/EUM0000000003279

Publisher

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MCB UP Ltd

Copyright © 1990, MCB UP Limited