Abstract
The market for commercial property is an established investment market but because there is no central market place for property and because investment properties are unique there is a difficulty in understanding how the market works. This is compounded by the fact that information of the product in the market and the nature of transactions is restricted; information is passed verbally rather than properly documented in the press or reports. The actual detail of the transaction in the market, the details of rents passing, the nature of the lease terms agreed and the yield used in any capital transaction may remain confidential. The property market is thus a dangerous place for the lay person to invest in.
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© 1998 David Isaac
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Isaac, D. (1998). Property Investment Markets. In: Property Investment. Macmillan Building and Surveying Series. Palgrave, London. https://doi.org/10.1007/978-1-349-14468-6_2
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DOI: https://doi.org/10.1007/978-1-349-14468-6_2
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