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2002 | OriginalPaper | Buchkapitel

The Long-run Equilibrium Relationship among Equity Capitalization Rates for Retail, Apartment, Office, and Industrial Real Estate

verfasst von : Michael Devaney

Erschienen in: Real Estate Valuation Theory

Verlag: Springer US

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Under the income approach, the value of a property is found by discounting the property’s expected future net cash receipts to their present value. This process of converting a property’s expected future net operating income into an estimate of current market value by discounting is referred to as capitalization.

Metadaten
Titel
The Long-run Equilibrium Relationship among Equity Capitalization Rates for Retail, Apartment, Office, and Industrial Real Estate
verfasst von
Michael Devaney
Copyright-Jahr
2002
Verlag
Springer US
DOI
https://doi.org/10.1007/978-1-4615-0909-7_16