Abstract
ABSTRACTInstitutional investors have large portfolios of property investments, yet very little has been published on the measurement of property investment performance, mainly because of the complications associated with it, in particular the difficulty of valuation. This paper examines existing methods of property performance measurement and their drawbacks and suggests a standard method of valuation and a standard method of property investment performance measurement. The suggested standard method of measurement is an adaptation of existing measurements which are combined to provide a more comprehensive measure of performance.
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