Valuation of specialized public sector assets
Owen Connellan
(External Research Fellow at the Centre of Research in the Built Environment University of Glamorgan)
1588
Abstract
Local authorities are now constrained to produce asset valuations for accounting and management purposes. Specialized property, for which there is little or no market, has to be valued under the RICS Red Book using the depreciated replacement (DRC) basis. Reviews the consequent requirements of local authorities and the valuation techniques available for producing capital and rental figures, including the latest “S curve rental” method.
Keywords
Citation
Connellan, O. (1997), "Valuation of specialized public sector assets", Property Management, Vol. 15 No. 4, pp. 215-225. https://doi.org/10.1108/02637479710187053
Publisher
:MCB UP Ltd
Copyright © 1997, MCB UP Limited