Paper title: |
The Lease V Buy Decision in Real Estate: Case Study |
Authors: |
Ghyoot, Valmond |
Summary: |
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. |
Type: |
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Year of publication: |
2003 |
Keywords: |
Real estate lease versus buy analysis; qualitative considerations; financial modelling; discount rate |
Series: |
ERES:conference |
Download paper: |
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Citation: |
Ghyoot, Valmond (2003).
The Lease V Buy Decision in Real Estate: Case Study. 10th European Real Estate Society Conference (10-13 June 2003) Helsinki, Finland,
http://itc.scix.net/paper/eres2003_161
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