Flexibility and real estate valuation under uncertainty: a...

Flexibility and real estate valuation under uncertainty: a practical guide for developers

David Geltner
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This book takes a practical engineering approach to the valuation of options and flexibility in real estate. It presents simple simulation models built in universal spreadsheet software such as Microsoft Excel(R). These realistically reflect the varying and erratic sources of uncertainty and price dynamics that uniquely characterize real estate. The text covers new analytic procedures that are valuable for existing properties and enable a new, more profitable perspective on the planning, design, operation, and evaluation of large-scale, multi-phase development projects. The book thereby aims to significantly improve valuation and investment decision making.

Flexibility and Real Estate Valuation under Uncertainty: A Practical Guide for Developers is presented at 3 levels. First, it introduces and explains the concepts underlying the approach at a basic level accessible to non-technical and non-specialized readers. Its introductory and concluding chapters present the important "big picture" implications of the analysis for economics and valuation and for project design and investment decision making. 

Kategoriler:
Yıl:
2018
Baskı:
1st
Yayımcı:
Wiley Blackwell
Dil:
english
ISBN 10:
1119106494
ISBN 13:
9781119106494
Dosya:
PDF, 25.01 MB
IPFS:
CID , CID Blake2b
english, 2018
İndir (pdf, 25.01 MB)
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