... and in the business frameworks under which they are operated. The main attributes relative to conventional real estate are examined in detail below and compared and contrasted in Table I . Performance appraisal Cash flows Discounts Real estate Conventional leases are usually applicable for large...

... were: © Emerald Group Publishing Limited 2007 Retailing Property management Performance appraisal Portfolio investment Diversification Australia The retail sector makes an important contribution to the Australian economy, being the largest employment sector (14 per cent...

... be contacted at: lc.lim@ulster.ac.uk © Emerald Group Publishing Limited 2006 Real estate Strategic management Performance appraisal China Hong Kong With the growth of international companies and the demand for real estate on a worldwide basis, globalisation of real estate has promoted...

... of the total market capitalisation and 70 per cent of the transaction volume of the Hong Kong stockmarket. Management styles Hong Kong Property management Performance appraisal Hong Kong is a major economic force in the Asia‐Pacific region, having been transformed from a manufacturing...

... institutions, namely insurance companies and pension funds, would reveal more about the objectives of performance measurement. © MCB UP Limited 1991 Investment property portfolio Performance appraisal Property portfolio management Valuation The Performance Measurement of Property Investments...