Sale and leaseback transactions have a ípuzzlingî image. The effect normally is that corporate real estate is transferred to real estate investments and in most cases will stay there. The main reasons are of financial and/or strategic origin. Especially now as an effect of the credit crisis,...

The work is focused on the application of possibility theory to property appraisal. Usually appraiser is used to find a ímost probable selling priceî of the property to be estimated in an uncertain environment. In other sciences uncertain information have been analyzed in different ways....

The theme of this paper is the relationship between the real estate market and real estate taxation. In Italy, the system of taxing real estate, both in terms of property ownership tax and tax on property sales, depends more or less directly on the assessments of the íCatastoî [the Italian...

The planned shopping centre or mall has become an important part of contemporary life style. It has been changing patterns of shopping as well as social and recreational activities since its first appearance in 1920s in the US: now malls are found almost everywhere in the world (Brown, 1992; Urban...

The German property market has shown a remarkably stable performance over the last decades. Especially in the worldwide financial crisis 2008 and 2009 German valuation practise has been questioned by international and especially UK market participants. The paper investigates the performance of...