... this reduced expected after‐tax variance of return helps explain the seemingly irrational construction that took place in US office markets during the 1980s. Cash flow Investment Offices Real estate I simply note that (1) can be rewritten more generally as (3) where...

...Philip M. Booth Claims as property modelling and forecasting techniques have developed to take account of new investment theories, property researchers have tended to follow the approach of modern portfolio theory and, sometimes, the capital asset pricing model (CAPM). Argues that one...

...Mike Riley; David Isaac Presents the results of a 1996 survey of the lending practices (for property) of 65 banks and financial institutions. Highlights the salient results in investment, development, location and the future. The average size of property loan book rose to £450 million, up from...

... have been extensively used in real estate investment analyses, it appears that the APV has received little attention in the real estate literature. This is surprising because the reasons that render the APV preferable to the other two methods exist in most real investment situations. Provides...

... Commercial property Investment Pensions The Pensions Act 1995 (passed 19 July 1995) was one of the most important pieces of legislation affecting pension schemes for many years. The financial loss suffered by members of the Maxwell group of companies was the catalyst leading to the Goode Report...

...James N. Berry; W. Stanley McGreal Examines the application of taxation breaks in stimulating investment into property development. Examples are drawn from Dublin and Berlin to highlight how accelerated depreciation allowances have been utilized in different market sectors. Emphasis is placed...

..., current market performance and targeting of investment activity by sector. Geographical diversification is apparent by region but not by subregion in the UK. In contrast investment into European markets is weak with particular concerns relating to currency fluctuations, taxation, lease structures...

...‐hedging techniques in the commercial property market, and considers potential benefits to international property transactions. © MCB UP Limited 1994 Exchange rates Hedging Investment Property Property portfolio management Commercial property for many years has assumed an important...

...Ong Seow Eng Although studies have been conducted in the USA to test if property‐related investment vehicles are an alternative for direct real estate investment, there has been little research in Singapore. Tests the existence of a relationship between property stocks and real estate prices...

...Neil J.K. Turner; Stuart A. Gronow; Paul Pritchard Illustrates that there are environmental risks associated with the current land uses which can be expected to be found within the industrial element of both institutional and property investment company portfolios. Argues that environmental...

...Stephan Bone‐Winkel German open‐ended property fund shows that a strategic management of property investment is indispensable. Suggests that it is possible and fruitful to adapt the instruments for strategic management used by industrial companies to fit the needs of property companies...

...Chris Garbett Shows that investment in computers and IT can be a critical investment decision, and that making the correct investment decision is as important as choosing company location or selecting personnel. Outlines the evaluation process, discussing factors such as budgetary restraint...

... Investment © MCB UP Limited 1992 ...

... 1992 Finance Housing Stocks Investment ...

...Cedric Pugh Discusses the nature of the property cycle. Charts the course of financial success and failure of Olympia and York. Discusses the restructuring of over‐indebted property finance. Reviews the state of investment appraisal in literature and in some spheres of practice. Argues the cause...

... Value added tax European Union Taxation Investment © MCB UP Limited 1992 ...

... the shareholders. Comments on the scheme′s performance. Finance Shares Commercial property Investment © MCB UP Limited 1992 ...

... Finance Loans Investment Interest Rates ...

...C.E. Beer Looks at some essential issues of a joint venture – whether it is of a trading or investment nature and the capital gains implications. Discusses the main joint venture vehicles, including the joint company, corporate partnership, funded developments and others. Examines the involvement...

...Peter Miles Outlines a form of investment, similar to an institutional sale and leaseback agreement, but which escalates the rent payable for up to 35 years and can provide the tenant with appreciation benefits. Discusses the Occupational Tenancy and provides examples of option premiums. Concludes...