Lease Incentives and Effective Rents: A Decapitalization Model

摘要: Reviews recent New Zealand legal cases involving CBD office building leasing incentives, the efficacy of confidentiality agreements and current practical valuation problems arising when analysing rentals. Takes a controversial stand in postulating that customary methods decapitalizing incentives use by profession lead to errors calculating effective Suggests new break‐even method analyse lease incentives. Presents “user‐friendly” step‐by‐step spread‐sheet goal‐seeking model undertake complex calculations required. The shows graphically explicit rental forecasts required resulting analysis alongside results applying methods. Aims bring some balance this area controversy provide powerful tool accurately incentive‐induced office, retail or industrial