
What the discounted cashflow revolution means for UK shopping centres and leases
A "guest writer" article in React News by Mark Phillipson detailing how the new approach will rely on greater insight by the valuer to understand the business model of each tenant. The UK shopping centre sector is poised to offer substantial opportunities to investors both current and new – but only if they can embrace a way of structuring leases which is aligned to the discounted cashflow (DCF) property valuation methodology which is set to become the norm....