Eres : Digital Library : Works

Paper eres2014_239:
Determination of market rent for the application of the direct capitalization approach in assessing the real estate investment

id eres2014_239
authors Popescu, Ana-Maria; Stefania-Cristina Curea
year 2014
title Determination of market rent for the application of the direct capitalization approach in assessing the real estate investment
source 21st Annual European Real Estate Society Conference in Bucharest, Romania
summary In approaching the value of a real estate investment through the income, the most important matter is to credibly determine the market rent level. The current practice of taking over from different public data sources, a level of the market rent from an interval of contractual or requested rents and using it as a representation of a market rent is not appropriate, out of at least two reasons, respectively: (a) the real estate investment subject of the assessment has some features that can be substantially different from the features of comparable real estate investments; and (b) in the current practice, the real estate investors grant many facilities in order to attract and maintain the tenants, which makes the effective rent to be different from the displayed rent.The authors try to describe and argue the need of taking into account these two reasons.
series ERES:conference
email contact.ana@gmail.com
more http://library.eres.org/cgi-bin/rsa98.pl?conf=ERES2014&type=session&theme=Q&slot=2830
discussion No discussions. Post discussion ...
ratings
session Q: Real Estate Valuation
last changed 2014/10/21 21:51
HOMELOGIN (you are user _anon_907038 from group guest) Powered by SciX Open Publishing Services 1.002