The assessment of worth: the need for standards

Journal of Property Investment & Finance

Volumn 18, Issue 1, 2000, Pages 52-65

  Mackmin, David ^a   Emary, Richard ^b  

^a SHEFFIELD HALLAM UNIVERSITY   (United Kingdom)

^b UNIVERSITY OF AUCKLAND   (New Zealand)

Author keywords

DCF; Investment; Property; Standards

Indexed keywords

EID: 84986155796     PISSN: 1463578X     EISSN: None     Source Type: Journal    
DOI: 10.1108/14635780010316654     Document Type: Article

References (23)

1. AVSB (1996), Discounted Cash Flow Practice, Standard 2, Australian Valuation Standards Board and Australian Institute of Valuers and Land Economists, Deakin.
2. Baillieu Knight Frank (1992), Report of the Property Economic Task Force, BKF, Melbourne.
3. Ball, M., Lizieri, C. and MacGregor, B.D. (1998), The Economics of Commercial Property Markets, Routledge, London.
4. Baum, A. and Mackmin, D. (1979), The Income Approach to Property Valuation, Routledge & Kegan Paul Ltd, London.
5. Boyd, T. (1995), “The concept and determination of investment value”, PRRES Conference, RMIT.
6. Britton, N., Davies, K. and Johnson, T. (1989), Modern Methods of Valuation, 8th ed., Estates Gazette, London.
7. Cooper, J.R., Brown, R.K. and Swain, C.M. (1993), Market Failure of Market Value Appraisals, working paper of Real Estate Research Center, Georgia State University, Atlanta, GA.
8. Crosby, N. (1991), “Valuing commercial investment property”, Chartered Surveyor Monthly, RICS, October, pp. 9-12.
9. Crosby, N. (1994), “Investment valuation approaches in a changing rental market”, paper delivered at N21V Workshop, Lincoln University, Christchurch.
10. French, N. and Byrne, P. (1996), in Adair, A., Downie, M.L., McGreal, S. and Vos, G. (Eds), European Valuation Practice, E. & F. Spon, London.
11. IPF/RICS (1997), Calculation of Worth; an Information Paper, RICS Business Services Limited, London.
12. IVSC(1997), International Valuation Standards, International Valuation Standards Committee International Bureau, RICS, London.
13. Jeffries, R.L. (1995), Discounted Cash Flow (DCF) Valuation Techniques and Spreadsheet Applications, New Zealand Institute of Valuers Inc., Wellington.
14. Millington, A. (1994), An Introduction to Property Valuation, 4th ed., Estates Gazette, London.
15. RICS (1994), The Mallinson Report, RICS, London.
16. RICS (1997a), Appraisal and Valuation Manual, RICS Business Services Ltd, London.
17. RICS (1997b), Commercial Investment Property: Valuation Methods; an Information Paper, RICS Business Services, London.
18. TEGOVA (1997), Approved European Property Valuation Standards, Estates Gazette, London.
19. Turvey, R. (1957), The Economics of Real Property, George Allen & Unwin, London.
20. ASB (1995), Uniform Standards of Professional Appraisal Practice, The Appraisal Foundation, Washington, DC.
21. AVSB (1993), Discounted Cash Flow, Information Paper IPE2, Australian Valuation Standards Board and Australian Institute of Valuers and Land Economists, Deakin.
22. NZIV (1995), Valuation Standards 1 and 2, New Zealand Institute of Valuers Inc., Wellington.
23. RICS (1995), Appraisal and Valuation Manual, RICS Books, London.