Featured Articles
FAR vs GFA vs BUA: What Every Property Developer Should Know
How to do a Market Feasibility Study?
Understanding Market Feasibility Study in Real Estate Development A market feasibility study is conducted to validate if the target real estate market could support the development. Before starting a new development or redevelopment project it is essential to complete...
Property Tax in Canada: A 2025 Guide
Property Tax in Canada Which city in Canada has the lowest property taxes? Property tax in Canada is progressive and simple. Each province has different property tax rates depending on the type of property and ownership. Over the years, buying property in Canada has...
Latest Posts
What is Incremental IRR?
Incremental IRR is a way to analyze the financial return when there are two competing investment opportunities involving different amounts of the initial investment. In this post, we will explore how to calculate incremental IRR and how it helps in deciding between...
The Curious Case of Negative IRR
Negative IRR indicates that the sum of post-investment cash flows is less than the initial investment; i.e. the non-discounted cash flows add up to a value which is less than the investment. So yes, both in theory and practice negative IRR exists, and it means that an...
How to Create Hatched Charts in Excel
Hatched charts in Excel look beautiful. They look cool and professional. Hatching or shading between plotted lines enhances charts and helps to convey the story. Crating Hatched Charts in Excel Creating hatched charts in Excel is rather easy (I'm using Excel 2013)....
Shareholder Loan and Equity IRR
Many a time I'm requested to explain the relationship between shareholder loan and equity IRR. Should shareholder loan be part of equity IRR calculation? And if there are more than one equity investor, what should we do! Shareholder loan is a debt-like form of...
How Does Excel Calculate IRR?
Have you ever wondered how does Excel calculate irr (internal rate of return)? I never gave it a second thought until I wrote a post on the issues with NPV calculation in Excel. Our reader, Deyan, pointed out that a similar type of issue can exist with the IRR...
NPV Calculation in Excel: Why the Numbers do not Match!
NPV calculation in Excel can be tricky. I have written few posts on this subject - NVP & IRR - Key Metrics of a Feasibility Analysis and Net Present Value and Returns to the Equity Holders. I recommend that you read them too. The basics of net present value (NPV)...