Office Asset Valuation and Cash Flow Model
Lease level cash flow modeling and DCF valuation for an office asset, based on an offering memorandum, appraisal report and supporting lease documents.
Date
Market
US Market
Asset type
Office
Work type
CRE Valuation and Financial Modeling
01. Status
This case study is currently being prepared. The full write up, covering model structure, assumptions and outputs, will be added here soon.
02. Overview
A lease by lease cash flow model for an office asset, built from the rent roll and lease terms set out in an offering memorandum, with the appraisal report and other relevant documents used as reference points for market assumptions.
03. What the work covers
ARGUS style cash flow build, lease expiry and renewal profile, downtime, TI and LC assumptions, expense recoveries, DCF valuation, and a comparison of value across leasing scenarios.
Illustrative model built on publicly available marketing materials, no confidential client data.