Valuing long-term leases: The option to redevelop

• 1 June 1991
• journal article
• Published by Springer Nature in The Journal of Real Estate Finance and Economics
• Vol. 4  (2) , 209-223
• https://doi.org/10.1007/bf00173125

Abstract

Keywords

• LEASE
• FEE-SIMPLE
• REAL OPTION
• REDEVELOP