Appraisal Practice in Central & Eastern Europe
August 1997, Vol 22, No 2 Abstract: In the five years that have followed the demise of the Soviet era, extraordinary progress has been made in developing valuation and counseling associations in the Central and Eastern Europe Countries (CEECs). When compared to the length of time it took these professional services to develop in North America,… Read more
Investor & Lender Reactions to Alternative Sources of Contamination
August 1997, Vol 22, No 2 Abstract: This paper reports the findings of a 1996 survey of investors and lenders and their reaction to alternative sources of contamination in real estate. A hierarchy has been constructed from the survey results of those contaminants that investors and lenders are willing to ignore or discount in making investments… Read more
Real Property & Land Legislation in the Russian Federation
August 1997, Vol 22, No 2 Abstract: Until recently, the legal basis for private property was nonexistent in Russia. However, beginning with the legalization of private property and privatization of the public housing stock, a number of major legal developments in Russia during the past five years have been catalysts to spur development of the private… Read more
Real Estate Securitization Gaining Favor in France & Japan
August 1997, Vol 22, No 2 Abstract: With real estate markets showing signs of recovery in France and Japan, and the shift in institutional investment away from single assets and into securitized offerings, astute investors now have an opportunity to reap large rewards. As the United States real estate market has recovered, value-oriented investors have had… Read more