The Lease V Buy Decision in Real Estate: Case Study
Valmond Ghyoot
ERES from European Real Estate Society (ERES)
Abstract:
Qualitative aspects of the real estate lease versus buy decision and general considerations during the financial analysis are discussed. A recent case is used to illustrate how the decision was made by a state-subsidised university. Because of its subsidised operation, the usual financial analysis was inconclusive. The matter was resolved by also modelling the cash flow of the opposing party, to determine what the university was giving up. An appendix provides basic real estate lease principles and terminology.
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2003-06-01
References: Add references at CitEc
Citations:
Downloads: (external link)
https://eres.architexturez.net/doc/oai-eres-id-eres2003-161 (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:arz:wpaper:eres2003_161
Access Statistics for this paper
More papers in ERES from European Real Estate Society (ERES) Contact information at EDIRC.
Bibliographic data for series maintained by Architexturez Imprints ().