Start Page: 37
End Page:45
Volume:4
Issue Number: 01
Year: 1996
Publication: Journal of Real Estate Literature

   
Abstract:   Through a small-sample practitioner survey conducted in four world cities during late 1992, the similarities in the state of the respective prime CBD office investment property markets at that time were found to be paralleled by a consistency of trends in the calculation methodology adopted by practitioners for such property and in both the source of and relative importance of determinants of the capitalization rate.