An office investment producing a current rent of €55,000 per annum is on the market seeking a price of €890,000. The market rental value is estimated at €62,000 per annum. The next rent review is in 2 years' time. The property is held under a 20 year lease with 12 years remaining. 

The net equivalent yield based on the asking price and assuming purchasing costs at 9.96% is;

Answer rating: 100% (QA)

To calculate the net equivalent yield NEY based on the information provided well need to consider th... View the full answer