The Income Approach to Property Valuation: Seventh Edition

ISBN-13: 9781138639638 / Angielski / Miękka / 2017 / 386 str.

Andrew E. Baum; David Mackmin; Nick Nunnington

Opis

Revised edition of the authors' The income approach to property valuation, 2011.

Recenzje

Praise for the previous edition:

'If you know the feeling of a long lost friend returning after a period of not being close, then you will know the feeling that I felt when I read the new edition of The Income Approach to Property Valuation. I grew up with this text. It was the first text that I read; it was the text that helped to establish my fascination and my own understanding of property valuation and pricing. [...] this is still the best introductory text on the market. Baum is the author of a number of other texts that are more advanced or more specialised (all of which are excellent) but if you are a student studying property valuation for the first time, ignore the plethora of other textbooks that purport to be good introductions to the topic. Just buy this book, you will not regret it.' - Nick French, Oxford Brookes University, Journal of Property Investment & Finance

'The sixth edition builds upon its solid foundations as a principle and well-established property valuation textbook for both students and practitioners alike. It covers all aspects of investment valuation and makes good use of worked examples to aid the understanding of this complex subject. This edition is further improved with a more detailed explanation (together with examples) of the Profits Method which has been compiled by a leisure sector specialist and thus gives the book a more rounded feel.' - Keith Petrie, MRICS, Property Valuation Teaching Consultant, University of Aberdeen

Spis treści

Part 1: The Context  1. The Global Contextual Framework  2. Local Contextual Framework  3. Fundamental Financial Concepts  4. Fundamental Methodologies  Part 2: Income Approach to Property Valuation in Practice  5. Basic Principles  6. Market Valuation  7. The Income Approach: Freeholds  8. The Income Approach: Leaseholds  9. Investment Appraisal  10. Development Appraisal  11. Profits Based Valuation  12. Residential Valuations  Part 3: Income Approach to Property Valuation Past and Present  13. The Historical Development of the Income Approach to Property Valuation  14. Contemporary Issues Impacting upon the Income Approach to Property Valuation  15. Case Study Examples

O autorze

Andrew Baum is Chairman of Property FundsResearch and Newcore Capital Management, and Visiting Professor of Management Practice at the Saïd Business School at the University of Oxford. He was formerly Professor of Land Management at the University of Reading where he is now Emeritus Professor, Honorary Professor of Real Estate Investment at the University of Cambridge and Fellow of St John’s College, Cambridge. David Mackmin is Emeritus Professor of Real Estate at Sheffield Hallam University. He was formerly Professor of Real Estate at Sheffield Hallam University, Visiting Professor of Valuation at the Technische Universität Wien and Course Director of undergraduate and postgraduate courses at the University of Reading. Nick Nunnington isVisiting Professor of Corporate Real Estate at Nottingham Trent University. He was formerly Principal Lecturer at Sheffield Hallam University, Sorouh Dean of Real Estate Management at the Higher Colleges of Technology in Abu Dhabi and subsequently an Associate Vice Provost for quality and curriculum development for professional courses across 17 colleges in the United Arab Emirates. He is now freelance with a variety of roles including teaching blended learning courses on the Master of Real Estate programme at the University of Adelaide, Australia.