April 2018
Intermediate to advanced
256 pages
7h 35m
English
This chapter shows how we can apply simulation to obtain useful insights and guidance on an important practical problem. It demonstrates the “how” and “why” of flexibility analysis for real estate. It shows how we can do the analysis in a realistic setting, and the results demonstrate by example the value of flexibility for real estate management.
Along the way, we present two methodological additions to the traditional, single‐stream pro forma DCF analysis. These are:
We demonstrate these additional tools in a very simple, concrete example. But they will be ...