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An option pricing approach to valuing upward only rent review properties with multiple reviews

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  • Booth, Philip
  • Walsh, Duncan

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  • Booth, Philip & Walsh, Duncan, 2001. "An option pricing approach to valuing upward only rent review properties with multiple reviews," Insurance: Mathematics and Economics, Elsevier, vol. 28(2), pages 151-171, April.
    • Handle: RePEc:eee:insuma:v:28:y:2001:i:2:p:151-171
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    References listed on IDEAS

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    1. Philip Booth & Duncan Walsh, 2001. "The application of financial theory to the pricing of upward-only rent reviews," Journal of Property Research, Taylor & Francis Journals, vol. 18(1), pages 69-83.
    2. Wilkie, A.D., 1995. "More on a Stochastic Asset Model for Actuarial Use," British Actuarial Journal, Cambridge University Press, vol. 1(5), pages 777-964, December.
    3. Adams, A.T. & Booth, P.M. & MacGregor, B.D., 1999. "Property Investment Appraisal," British Actuarial Journal, Cambridge University Press, vol. 5(5), pages 955-982, December.
    4. Lentz, George H & Tse, K S Maurice, 1995. "An Option Pricing Approach to the Valuation of Real Estate Contaminated with Hazardous Materials," The Journal of Real Estate Finance and Economics, Springer, vol. 10(2), pages 121-144, March.
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    Cited by:

    1. Johnny Siu‐Hang Li & Mary R. Hardy & Ken Seng Tan, 2010. "On Pricing and Hedging the No‐Negative‐Equity Guarantee in Equity Release Mechanisms," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 77(2), pages 499-522, June.
    2. Fang Fang & Lu Ruichang, 2009. "Is There a Term Structure? Empirical Evidence from Shanghai Office Rental Market," International Real Estate Review, Global Social Science Institute, vol. 12(1), pages 23-38.
    3. Brett Robinson, 2012. "How many leases are enough to diversify a portfolio of multi-let industrial properties?," ERES eres2012_351, European Real Estate Society (ERES).
    4. Fuerst, Franz & McAllister, Patrick, 2008. "Green Noise or Green Value? Measuring the Price Effects of Environmental Certification in Commercial Buildings," MPRA Paper 11446, University Library of Munich, Germany, revised Sep 2008.
    5. Shaun Bond & Pavlos Loizou & Patrick McAllister, 2008. "Lease Maturity and Initial Rent: Is There a Term Structure for UK Commercial Property Leases?," The Journal of Real Estate Finance and Economics, Springer, vol. 36(4), pages 451-469, May.

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