... returns on commercial property do not keep up with inflation when prices rise unexpectedly fast. In fact the nominal return on commercial property is all but invariant to changes in inflation in the short term. © MCB UP Limited 1996 Commercial property Hedging Inflation Investment property...

..., a critical issue in the whole area of property asset management, and it is appropriate to consider whether current methods of performance measurement are valid. Benchmarking Indexes Investment property Performance measurement Property markets Property portfolio management © Company 1995...

...‐adjusted return possibilities. © Company 1995 Diversification Investment property Performance measurement Property portfolio management United Kingdom USA The top‐down approach to portfolio allocation involves first, the decision as to how much to allocate to each broad asset...

... product[ 6 ]. The longer term success of the PIC product is yet to be assessed, particularly given that it is guaranteed to underperform the underlying property assets and lacks an established trading market. © MCB UP Limited 1995 Australia Diversification Investment property Liquidity...

... schemes Housing Investment property Rental growth Taxation The Government is committed to reviving privately rented housing as part of its drive to commercialize rented housing and diversify supply. New private lettings were deregulated by the Housing Act 1988 to allow market rents to generate...

... financial challenges; particularly concerning currency risk exposure. Currency options Decision making Diversification Financial investment Investment property Management styles Risk World economy © MCB UP Limited 1995 The main types of property favoured by overseas property...

... year′s 1.9 per cent. Average interest rate margins for 1995 range from 0.87 per cent to 5 per cent, although for good quality loans, margins are closer to the bottom of the range. © MCB UP Limited 1995 Banks Financial institutions Investment property Loans Ownership Property...

... to shorter leases. By accepting leases of less than ten years, financial institutions are demonstrating their willingness to take greater risks against a background of increased confidence in the property market. © MCB UP Limited 1994 Banking Development Finance Investment property Leasehold...

...David Whiscombe Suggests that the current property recession means that advisers are now in the possibly unfamiliar position of dealing with the taxation consequences of realised and unrealised losses on investment properties. Highlights some relevant taxation points arising, and describes two...

... Investment Property Act, which supersedes previous legislation and which has been designed to facilitate investment where there are title problems. Suggests that this latest enactment represents a shift away from a focus on restitution towards a desire to encourage property investment. © MCB UP Limited...

... and approach adopted by the US investor. Concludes that it is expected that a small group of large, sophisticated US property investors will continue to invest selectively in Europe. © MCB UP Limited 1991 Commercial property Europe Financial investment Investment analysis Investment property...

... that each case requires an individual auditor′s comment as the rules and interpretations are complex. © MCB UP Limited 1991 Auditors Investment Investment property Landlord Rental growth Sale and leaseback Tenancy ...

... financial investment making its characteristics more complex than they were. © MCB UP Limited 1991 Finance Financial innovations Financial risk Globalization Investment property Portfolio investment Property ...

.... Concludes that leisure development will begin to divide between the high‐risk, short‐term schemes, which are supported by specialist investors seeking a high return and lower risk schemes which are extremely well prepared. © MCB UP Limited 1991 Finance Golf courses Holiday industry Investment...

... encountered. Concludes that, courtesy of the Monopolies Commission, the very evident need for improved returns on capital for the big brewers means that assignable leases are here to stay. © MCB UP Limited 1991 Assignment Brewing industry Commercial lease Investment property Monopolies Service...

... Financial risk Insurance companies Investment property Project management Risk management ...

... will converge with UK equity returns within two to three years and may sustain an advantage over the next ten years. © MCB UP Limited 1991 Assets Equity finance Investment property Property portfolio management ...

.... Illustrates some of the key differences in emphasis in many US appraisals compared to standard appraisals in the UK. © MCB UP Limited 1991 Appraisals Financial modelling Investment property Real estate USA Valuation ...

... remain buoyant, the ready supply of new space scheduled for completion over the next few years is likely to ensure that any recovery in values takes place very much in slow motion. © MCB UP Limited 1991 Finance Investment property Japan Land acquisition Property markets ...

... that the rewards which flow from the use of DDBs can be significant in terms of running yield and redemption value and, if they are traded in the Euro or domestic market, may be considered liquid. © MCB UP Limited 1991 Bonds Investment property Property markets Property portfolio management Taxation...