Search Results - subject:"Direct capitalization"

Valuation of cyclical assets and exit value

D'Amato, Maurizio; Renigier Bilozor, Malgorzata; … - In: Journal of European Real Estate Research 17 (2024) 2, pp. 162-188

Purpose Ordinary direct capitalization is normally considered procyclical in its present form (De Lisle Grissom, 2011 …); for this reason, an alternative approach to direct capitalization may be useful in the determination of a robust opinion …

Persistent link: https://www.econbiz.de/10015350039

General equivalency between the discount rate and the going-in and going-out capitalization rates

Lisi, Gaetano - In: Economics and Business Letters : EBL 5 (2016) 2, pp. 58-64

, that starts from the net present value and goes on to the direct capitalization, passing through the yield capitalization …

Persistent link: https://www.econbiz.de/10011573215

Hedonic prices, capitalization rate and real estate appraisal

Lisi, Gaetano - In: Economics Bulletin 35 (2015) 1, pp. 783-787

Studies on real estate economics neglected the relationship between hedonic prices and capitalization rate, thus considering the hedonic models and the income approach as two separate and alternative appraisal methods. In this short theoretical paper we show that integration is possible and...

Persistent link: https://www.econbiz.de/10011212873

Income approach and property market cycle

D'Amato, Maurizio - In: International journal of strategic property management 19 (2015) 3, pp. 207-219

Persistent link: https://www.econbiz.de/10011544958