Commercial Property Valuation

Commercial Property Valuation

Author: Giacomo Morri

Publisher: John Wiley & Sons

Published: 2019-07-09

Total Pages: 237

ISBN-13: 1119512158

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A practical guide to the best approaches for commercial real estate value assessment Commercial Property Valuation provides a comprehensive examination of principles and methods of determining the accurate value of commercial assets. This invaluable resource covers all key elements of commercial property valuation, including valuation queries, real estate report structure, market analysis, capitalization and discount rates estimation, and more. This book details the economic characteristics unique to commercial property and illustrates property-specific risk factors and mitigation strategies. Drawing from years of professional and academic experience, the authors provide accurate information on multiple valuation approaches suitable for commercial real estate such as sales comparison, income capitalization and residual land value. Favoring real-world practicality over complex formulas, this book provides a powerful set of tools to assist readers in selecting and applying the best valuation approach to various situations. Actual case studies of office buildings, hotels, high street retails, and residential developments allow readers to understand and apply appropriate valuation methodologies. Commercial property is a major investment class that offers abundant opportunities but poses unique risks. Thorough and inclusive knowledge is essential to success in this complex and competitive sector of real estate. This book provides expert coverage of critical topics allowing readers to: Identify the unique economic characteristics and potential risks of commercial real estate valuation and investment Focus on methods specific to commercial real estate valuation Learn how to select and apply the appropriate valuation method in a variety of scenarios Access sample Excel spreadsheets and ancillary online resources including slides and useful Internet links Commercial Property Valuation is an essential resource for investors, appraisers, consultants, accountants, and students in real estate courses.


Real Estate Valuation and Strategy: A Guide for Family Offices and Their Advisors

Real Estate Valuation and Strategy: A Guide for Family Offices and Their Advisors

Author: John Kilpatrick

Publisher: McGraw Hill Professional

Published: 2020-02-07

Total Pages: 480

ISBN-13: 1260459055

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Establish a sound, multi-generational approach to real estate ownership and wealth preservation No facet of a family’s investment portfolio is as ubiquitous as real estate. Every successful family is invested in some way. The most savvy investors and their advisors understand the complexity of curating this portfolio and maximizing wealth preservation. Real Estate Valuation and Strategy is the definitive guide for anyone seeking to reduce long-term portfolio risk and enjoy significant tax advantages while preserving and growing wealth. This comprehensive, in-depth guide addresses key real estate investment strategy issues from the perspective of the successful, wealth investor. Providing the knowledge and insights needed to avoid common pitfalls, optimize the property investment cycle, and evaluate holdings from a long-term perspective. One of the leading experts in the field, Dr. John Kilpatrick covers nuances of real estate investing that are rarely presented in one succinct volume: • Key and critical differences among various categories of real estate • Acquisition strategies to uncover hidden wealth or avoid hidden pitfalls • Valuation of long-term holdings, including forest land, ranches, and collectable “trophy” holdings • When and how to use leverage for short- and long-term opportunities • Strategies for joint ventures • Monitoring holdings for early warning signals Whether you’re managing your own portfolio or assisting high-net-worth families, Kilpatrick provides tools and information you need to find, manage, and optimize top-tier real estate investments—ensuring that your family or clients thrive now and in the future.


High-Rise Living in Asian Cities

High-Rise Living in Asian Cities

Author: Belinda Yuen

Publisher: Springer Science & Business Media

Published: 2011-02-02

Total Pages: 196

ISBN-13: 9048197384

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This book is intended to fill a knowledge gap in the study of contemporary high-rise living. While there has been much documentation on the engineering and technological aspects of tall buildings, relatively little has been written about the social and livability of high-rise. Much less is written about Asian cities even though Asia is the current hotbed of high-rise development. Even though traditional discourse of high-rise housing is not always positive, new forces are redefining its place in 21st century urbanity. Many cities around the world are reembracing high-rise in urban agenda under current narrative of sustainable development. High-rise is fast becoming a priority area in international research agenda. The quest is for livable and sustainable high-rise development. Against the background of current trends--globalization, urbanization, mixed-use development, and new-built taller buildings in inner city areas in both developed and developing countries, this book examines the software: design, economics, estate management, legal and property rights, physical environment, planning, community development, and social dimensions of high-rise living. Analysis is with the widely acclaimed successful high-rise public housing in Hong Kong and Singapore to understand the advantages and worries of high-rise living, and to distill the key points and lessons in the making of a ‘good’ highrise living environment. Hong Kong and Singapore have been constructing high-rise for more than four decades each. The majority of their population has moved to live in high-rise, selecting to live high-rise, and registering consistently high residential satisfaction. The height of apartment buildings in both cities continues to rise. The tallest is anticipated to be 70-storey. It is the contention of this book that contrary to earlier common negative discourses on public high-rise living, the high-rise environment may yet offer urban residents a satisfying dwelling experience. Leading housing academics, researchers and practitioners in the two cities have contributed to this book. This book presents a timely contribution to our understanding of a widening urban phenomenon that will affect a growing number of the world’s population.


Facilities Management and Corporate Real Estate Management as Value Drivers

Facilities Management and Corporate Real Estate Management as Value Drivers

Author: Per Anker Jensen

Publisher: Routledge

Published: 2016-10-04

Total Pages: 275

ISBN-13: 1317442091

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Facilities Management (FM) and Corporate Real Estate Management (CREM) are two closely related and relatively new management disciplines with developing international professions and increasing academic attention. Both disciplines have from the outset a strong focus on controlling and reducing cost for real estate, facilities and related services. In recent years there has been a change towards putting more focus on how FM/CREM can add value to the organisation. This book is driven by the need to develop a widely accepted and easily applicable conceptual framework of adding value by FM and CREM. It presents the state of the art of theoretical knowledge and empirical evidence about the impact of buildings and facilities on 12 value parameters and how to manage and measure these values. The findings are connected to a new Value Adding Management model. The book is research based with a focus on guidance to practice. It offers a transdisciplinary approach, integrating academic knowledge from a variety of different fields with practical experience. It also includes 12 interviews with practitioners, shedding light as to how they manage adding value in practice. This is a much needed resource for practitioners, researchers and teachers from the field of FM and CREM, as well as students at both undergraduate and postgraduate level.


The Little Book of Valuation

The Little Book of Valuation

Author: Aswath Damodaran

Publisher: John Wiley & Sons

Published: 2011-03-29

Total Pages: 269

ISBN-13: 1118064143

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An accessible, and intuitive, guide to stock valuation Valuation is at the heart of any investment decision, whether that decision is to buy, sell, or hold. In The Little Book of Valuation, expert Aswath Damodaran explains the techniques in language that any investors can understand, so you can make better investment decisions when reviewing stock research reports and engaging in independent efforts to value and pick stocks. Page by page, Damodaran distills the fundamentals of valuation, without glossing over or ignoring key concepts, and develops models that you can easily understand and use. Along the way, he covers various valuation approaches from intrinsic or discounted cash flow valuation and multiples or relative valuation to some elements of real option valuation. Includes case studies and examples that will help build your valuation skills Written by Aswath Damodaran, one of today's most respected valuation experts Includes an accompanying iPhone application (iVal) that makes the lessons of the book immediately useable Written with the individual investor in mind, this reliable guide will not only help you value a company quickly, but will also help you make sense of valuations done by others or found in comprehensive equity research reports.


Valuation

Valuation

Author: McKinsey & Company Inc.

Publisher: John Wiley & Sons

Published: 2010-07-16

Total Pages: 860

ISBN-13: 0470889934

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The number one guide to corporate valuation is back and better than ever Thoroughly revised and expanded to reflect business conditions in today's volatile global economy, Valuation, Fifth Edition continues the tradition of its bestselling predecessors by providing up-to-date insights and practical advice on how to create, manage, and measure the value of an organization. Along with all new case studies that illustrate how valuation techniques and principles are applied in real-world situations, this comprehensive guide has been updated to reflect new developments in corporate finance, changes in accounting rules, and an enhanced global perspective. Valuation, Fifth Edition is filled with expert guidance that managers at all levels, investors, and students can use to enhance their understanding of this important discipline. Contains strategies for multi-business valuation and valuation for corporate restructuring, mergers, and acquisitions Addresses how you can interpret the results of a valuation in light of a company's competitive situation Also available: a book plus CD-ROM package (978-0-470-42469-8) as well as a stand-alone CD-ROM (978-0-470-42457-7) containing an interactive valuation DCF model Valuation, Fifth Edition stands alone in this field with its reputation of quality and consistency. If you want to hone your valuation skills today and improve them for years to come, look no further than this book.


Residential Property Appraisal

Residential Property Appraisal

Author: Phil Parnham

Publisher: Routledge

Published: 2002-01-04

Total Pages: 509

ISBN-13: 1135812225

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Residential Property Appraisal is a handbook not only for students studying surverying but also for surveyors and others involved in the appraisal of residential property for lending purposes. It focuses on the distinct professional competencies required by Mortgage Valuations and Home Buyers Surveys and Valuations, identifying and advising the reader on the extent and limitations of their activities. Generously illustrated, supported by real-life case studies and drawing on the latest research, professional and legal developments.