Yielding useful information

It might seem that the yield rate is a clear-cut way of determining the return on an investment. It is a measurement that is widely used for comparison and in analyses. However, the devil is, as usual, in the detail. Companies that appraise properties point out that one yield does not equal another. Knowing just its value might mean very little. And different projects should definitely not be compared based on ?dry' numbers taken out of context.So many properties, so many yieldsIt turns out that yields almost vary as much as projects do. So it is worth taking an interest in what sort of yield is being discussed to avoid making decisions based on inaccurate data. The various yield rates include running yields, equivalent yields, initial yields, redemption yields... to name but a few. There is also the net yield and gross yield. So which one should an investor or analyst refer to when they quote the yield for a given property? "The idea is to calculate the sort of financial surplus a bui