The Raine & Horne Business Sales Database indicates that the return achieved by leasehold parks has almost doubled in the last 10 years and the income multiple has also lifted. As a result, the median sale price of parks has lifted substantially. Over the same period freehold parks have improved but not by as much as leasehold parks. Our data shows a strange outcome in that it suggests leasehold parks are best valued on the basis of a return to a single owner and freehold parks on the basis of a return to an investor.
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