To read the full version of this content please select one of the options below:

THE VALUATION OF SHORT LEASEHOLD INVESTMENTS

Journal of Valuation

ISSN: 0263-7480

Article publication date: 1 April 1986

Abstract

The valuation of short leasehold investments has become a subject of debate over the past few years. Concern has been centred upon the suitability of conventional valuation techniques, the unique nature of the short leasehold investment and its affinity with gilts rather than the mainstream property market. This paper is the result of a seminar at ISVA headquarters in late 1985 to which Butler and Baum contributed, and examines the nature of short leaseholds as investments, the market for short leaseholds, characteristics affecting values and both principles and practice of short leasehold investment valuations. Three case studies are presented in illustration.

Citation

BAUM, A. and BUTLER, D. (1986), "THE VALUATION OF SHORT LEASEHOLD INVESTMENTS", Journal of Valuation, Vol. 4 No. 4, pp. 342-353. https://doi.org/10.1108/eb007998

Publisher

:

MCB UP Ltd

Copyright © 1986, MCB UP Limited