REAL ESTATE INVESTMENT: CAPITAL INVESTMENT PRIORITISATION IN THE UK

Abstract

In order to fully appreciate the issues within this paper, a definitive framework is necessary so as to ensure clear semantic interpretation. Estate refers to property, possessions, capital or the collective assets and liabilities of a person and refers to large landed property. Investment is the giving up of a capital sum now in exchange for benefits to be received in the future. These will usually take the form of an income flow and/or capital gain (Enever, 1989). Real property is by definition essentially tangible. It is a legal interest in land and buildings classified as residential, commercial and including land (Littlefair, 1991).

Citation

Appiah‐Adu, K. and Morgan, R.E. (1994), "REAL ESTATE INVESTMENT: CAPITAL INVESTMENT PRIORITISATION IN THE UK", Management Research News, Vol. 17 No. 3/4, pp. 40-62. https://doi.org/10.1108/eb028339