Journal of Property Investment & Finance: Volume 34 Issue 6

Editorial

Nick French

Reflecting sustainability in property valuation – a progress report

Peter Michl, David Lorenz, Thomas Lützkendorf, Sarah Sayce

The purpose of this paper is to report on the findings of a survey conducted by the Royal Institution of Chartered Surveyors (RICS) to discuss the extent to which qualified…

Sustainability evolution in the Australian property market: Examining valuers’ comprehension, knowledge and value

Georgia Warren-Myers

The relationship between sustainability and value in property has been a major area of investigation over the past decade. However, in spite of the extant literature and research…

Commercial property tax in the UK: business rates and rating appeals

Paul Michael Greenhalgh, Kevin Muldoon-Smith, Sophie Angus

The purpose of this paper is to investigate the impact of the introduction of the business rates retention scheme (BRRS) in England which transferred financial liability for…

The econometric analysis of retail rents in Singapore

Kim Hin David Ho, Mun Wai Ivan Ho, Mei Ling Christina Quek

Primarily based on Alonso’s bid-rent model, the purpose of this paper is to examine the dynamics of the Singapore’s overall retail rental market by adopting a vector error…

Valuing specialised property using the DCF profits method

David Jansen van Vuuren

The purpose of this paper is twofold: primary, to argue that the profits method, specifically a discounted cash flow (DCF)-based profits method, should be the preferred method of…

Valuing specialised property: cost vs profits method uncertainty

David Jansen van Vuuren

The purpose of this paper is to compare the value outcomes of the cost approach to the DCF profits method when valuing specialised property under different scenarios as a test for…

The internal rate of return (IRR): projections, benchmarks and pitfalls

Michael Patrick, Nick French

The purpose of this paper is to discuss the use of the internal rate of return (IRR) as a principal measure of performance of investments and to highlight some of the weaknesses…

The Chinese Real Estate Market: Development, Regulation and Investment

David Faulkner