Problems of property performance measurement
- 1 March 1990
- journal article
- research article
- Published by Emerald Publishing in Journal of Valuation
- Vol. 8 (3) , 243-253
- https://doi.org/10.1108/eum0000000003285
Abstract
Considers the important ways in which property is different from other investments and the problems associated with measurement of investment performance in the property market. Outlines the features of the difference of property investment as providing a medium‐level ′secure′ income, a different performance cycle, and a lower level of risk. Discusses the issues creating concern over the pricing of property and the ability to measure its performance, and looks at recent developments in the market. Suggests that the processes of evaluation and performance measurement are providing data on a more comparable basis as the property market itself becomes more efficient.Keywords
This publication has 1 reference indexed in Scilit:
- The property market, property valuations and property performance measurementJournal of the Institute of Actuaries, 1985