... conditions (here, a “double‐dip” fall in rental values). Design/methodology/approach The paper examines the Court of Appeal ruling in Scottish Widows v. BGC International [2012] EWCA Civ 607 as an example of the limits of the court's ability to arrive at commercially sensible results...

...Felicity Bawden Purpose This research investigates the drivers for the rental value of motorway service areas and aims to identify and analyse these factors to provide a better understanding of the retail opportunities in these locations. Design/methodology/approach The primary research looked...

... freehold Over‐rented Discounted cash flow Property Rent reviews Rental value In two earlier Education Briefings (French, 2008a, b), the valuation of (under‐rented) reversionary freeholds was discussed and illustrated. The majority of investment property is valued at a point after...

... values. Europe Real estate Commercial property Rental value European office markets Beta and sigma convergence Adam et al. (2002) argue that “financial markets are integrated when the law of one price holds.” Given this definition, real estate market integration implies...

... Rents Rental value Trespass Storage Migration Property rights Traditionally the analysis of the effects of contamination as a detrimental condition to real property has focused on the damages to the market value of a property, essentially measuring the partial (or in extreme cases, full...

... model RMSE test Rental value Retailing China The research about real estate rent is important because both property owners and tenants are concerned, and the investors take the rent into consideration when they make decision to invest or not. Reviewing the previous research about rent...

...@odu.edu © Emerald Group Publishing Limited 2011 Green real estate Political ideology Office buildings Rental value The past decade has seen a dramatic increase in both the awareness and implementation of sustainability initiatives within the commercial real estate industry. New...

... Publishing Limited 2008 Property Rental value Asset valuation United Kingdom The valuation of leasehold interests in real estate has posed problems for valuation surveyors for more than a hundred years. Initially leaseholds were viewed as being a marginally more risky investment than...

... and value of the commercial property market, concluding that if a ban of UORRs was introduced, capital values would fall as the expected cash flow would be more volatile and a higher risk premium would be factored into yields. Rental values were expected to rise marginally as a result of the removal...

... Market position Retail trade Rental value Hong Kong Shopping perhaps is one of the most exciting activities in life. As the taste and the preference of shoppers change constantly, retail facilities have evolved in response. It is universally accepted that market positioning plays an important...

... and vacancy rates interact. Ben Sanderson is the corresponding author and can be contacted at: ben.sanderson@prupim.com © Emerald Group Publishing Limited 2006 Forecasting Office buildings World economy Rental value The data definitions are comparable across the different cities...

... based on the market method of construction or Beacon approach. They take into account rental values and yields as they apply to a representative sample of locations. The method effectively appraises new lettings and is not constrained by the need for specific comparative transactions required to value...

..., in periods of both decline and recovery. © Emerald Group Publishing Limited 2004 Property management Commercial centres Rental value Change management There are increasing calls to investigate the determinants of rental change in the retail property sector (Brooks and Tsolacos, 2000...

... (Ambrose, 1990). Property marketing Property finance Pricing policy Rental value The efficiency of the pricing mechanism in the commercial real estate market has been the subject of extensive debate in the academic literature. The existence of market failures is acknowledged...

... and the contract rent, and hence larger savings in land rent are accrued to the lessee. © MCB UP Limited 2002 Rental value Lease renewal Industrial property Singapore The Jurong Town Corporation (JTC), the largest public industrial facilities developer in Singapore, has institutionalized...

...Neil Crosby; Sandi Murdoch This paper examines the effect which the rent assessment process has on the level of rents and rental values in the commercial property market in England and Wales, by asking: is there an accepted definition of open market rental value which is consistently adhered...

...Tony McGough; Sotiris Tsolacos The application of short‐term forecasting techniques to the prediction of commercial rental values generates valuable information about the dynamics of rent movements. It also captures short‐run trends more effectively than do other forecasting procedures. Makes use...

...Neil Crosby; Sandi Murdoch The treatment of rent‐free periods and other inducements is currently an area of debate within the valuation profession. It has been argued that in determining the real rental value from a headline rent, the valuer must devalue the impact of the inducement. While...

...Bruno Giussani; Marshall Hsia; Sotiris Tsolacos Presents an empirical investigation of office rental trends for some of the largest cities in Europe. Uses annual data for the period 1983‐91 to test the changes in rental values and fluctuations in economic activity. Includes a review of previous...

...Neil Crosby; Robin Goodchild Examines the valuation of property investments let at rents in excess of their estimated rental values. Summarises the conventional and contemporary approaches to market valuation. Exposes the limitations of the models via an examination of some actual valuations taken...