Question
Joel Kelly, CFA, is the portfolio manager for the SureWall Direct Property Fund and is currently reviewing several properties owned by the fund. The largest
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Joel Kelly, CFA, is the portfolio manager for the SureWall Direct Property Fund and is currently reviewing several properties owned by the fund. The largest property in the fund is a three-story security facility near Lisbon, Portugal, which is leased by a large technology company to house data servers and records. The property is unique in that most other technology companies in Europe own their server centers. Which of the following valuation approaches would be least appropriate for Kelly to use in valuing this property?
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Replacement cost
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Comparable sales
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Discounted cash flow
Joel Kelly, CFA, is the portfolio manager for the SureWall Direct Property Fund and is currently reviewing several properties owned by the fund. The largest property in the fund is a three-story security facility near Lisbon, Portugal, which is leased by a large technology company to house data servers and records. The property is unique in that most other technology companies in Europe own their server centers. Which of the following valuation approaches would be least appropriate for Kelly to use in valuing this property?
-
Replacement cost
-
Comparable sales
-
Discounted cash flow
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Financial Intelligence For IT Professionals
Authors: Julie Bonner
1st Edition
103215294X, 9781032152943
