Keywords: Capitalization rate
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Journal Articles
Journal of European Real Estate Research (2025) 18 (3): 347–355.
Published: 05 August 2025
...Martin Hoesli Purpose This paper provides a critical review of the methods that can be used to estimate the discount rate or the capitalization rate needed to apply an income approach to value. It is based on the author’s keynote address at the ESPI International Real Estate Conference in Paris...

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