Methodology and Convention in the Standardisation of Retail Rents

Abstract

Examines the methodological issues that arise in generating standardised transaction data for use in analysing the determinants of retail rents. Looks at the issues raised by the use of comparative information and the existence of widely accepted conventions for adjusting comparative evidence to allow for the specific physical and legal characteristics of individual properties. Concludes by questioning the need to test valuation convention against market evidence and the notion of open market value is reassessed.

Citation

Crosby, N., Keogh, G. and Rees, G. (1992), "Methodology and Convention in the Standardisation of Retail Rents", Journal of Property Valuation and Investment, Vol. 10 No. 4, pp. 740-756. https://doi.org/10.1108/14635789210031352