The Valuation of Shares in an Unquoted Property Company – Part 1
Abstract
Considers the difference between owning a share in a property asset and owning shares in a property company itself. Assesses various categories of activities, asset types, legal interests and the quality of the underlying property portfolio. Considers the information which might be available about the shares to be valued. Concludes that owing to the diverse nature of accounting policies in use by property companies, reported profits cannot be used as a consistent measure of performance, but that the accounts as a whole, combined with surveyors′ valuations, is a good starting point.
Keywords
Citation
Falla, J. (1990), "The Valuation of Shares in an Unquoted Property Company – Part 1", Journal of Property Finance, Vol. 1 No. 2. https://doi.org/10.1108/EUM0000000003421
Publisher
:MCB UP Ltd
Copyright © 1990, MCB UP Limited