In the UK, the movement of the ownership of investment property away from small scale local entrepreneurs to larger companies and institutions from the 1960s onwards, attracted the interest of professional advisors well versed in finance theory and practice. Investment property valuation models...

This paper draws from a wider research programme in the UK undertaken for the Investment Property Forum examining liquidity in commercial property. One aspect of liquidity is the process by which transactions occur including both how properties are selected for sale and the time taken to...

This paper investigates the extent to which clients were able to influence performance measurement appraisals during the downturn in commercial property markets that began in the UK during the second half of 2007. The sharp change in market sentiment produced speculation that different client...

There is a longstanding body of literature that discusses the potential for clients to influence the outcome of the property appraisal process. In the market downturn of 2007-9, it is clear from a number of practitioner conferences and articles that some market participants such as investment...

This paper investigates the extent to which clients were able to influence performance measurement appraisals during the downturn in commercial property markets that began in the UK during the second half of 2007. The sharp change in market sentiment produced speculation that different client...