Bowles, G.; Dagpunar, J. S.; Gow, H. - In: Construction Management and Economics 15 (1997) 4, pp. 315-326
, for funding all maintenance necessary for the upkeep of new stock over its lifespan. Sinking funds (SFs) have to be … created, out of rental income, that are adequate to finance the long term projected maintenance demand. This paper reviews the … lifespans can have on SF projections are investigated by using Monte Carlo methods to simulate profiles of long term maintenance …