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Valuation by Capitalization: A Review of Comments by International Practitioners

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  • DAVID PARKER

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 valuation methodology adopted by practitioners for such property and in both the source of and relative importance of determinants of the capitalization rate.

Suggested Citation

  • David Parker, 1996. "Valuation by Capitalization: A Review of Comments by International Practitioners," Journal of Real Estate Literature, Taylor & Francis Journals, vol. 4(1), pages 37-45, January.
    • Handle: RePEc:taf:rjelxx:v:4:y:1996:i:1:p:37-45
    DOI: 10.1080/10835547.1996.12090052
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