The Contemporary DPW Model for the Commercial Real Estate Sector and its Analytical Capabilities
This paper presents an adjustment of the classical DPW model, which includes two different interest rates and the secondary market in the commercial property market. Separating the mortgage rate from the discount rate helps to understand why not all investments which seem to be profitable are carrie...
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| Autor principal: | |
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| Format: | Artigo |
| Idioma: | Inglês |
| Publicat: |
Sciendo
2025-09-01
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| Col·lecció: | Real Estate Management and Valuation |
| Matèries: | |
| Accés en línia: | https://doi.org/10.2478/remav-2025-0028 |
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