ABSTRACT

This chapter examines valuation theory and techniques as utilized in the Netherlands with particular emphasis upon application for investment and loan security purposes. Initially the market structure of brokerage is considered, as it provides the institutional context within which valuation practice is set. Consideration of market data and sources available in the Netherlands are evaluated, followed by a discussion on tenure forms, property rights and rental agreements. The basis of valuation is reviewed from a theoretical perspective and is supported by examples relating to investment and loan security.