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Even on the old valuation, the tax is regressive.
"If someone met that valuation, the club had no say.
According to the most recent valuation, the Queen is worth about £340m.
A land valuation, the first step toward compensation and resettlement, took place in 2010.
The total assessed valuation, the report said, will fall nearly 4percentto to $49.2 billion from $51.1 billion.
The four big concerns for the sector are valuation, the General Election, margin risks and rate rises.
At Burger King's current valuation, the private equity firms have made more than three times their initial investment.
"Our sum of the parts analysis points to a $54 per share near-term valuation," the analysts write.
More eye-popping than its expansion plans was the stratospheric valuation the stock market has given the chain.
For buildings with apartments averaging $15,000 or less in valuation, the tax abatement is 25percentt of the property tax.
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