Case Study Questions

Question 1

What is written-down value?

Answer 1

Written-down value is the value of an asset after accounting for depreciation and amortization. In this case the costs are spread over the lease term.

Question 2

What is prime retail?

Answer 2

Tradition view is high- end operator located in a high footfall area however Savills have defined it as being assets that offer a mix of facilities to meet the needs of the catchment