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The Property Development Process

  • David Isaac
Chapter
Part of the Macmillan Building and Surveying Series book series (BASS)

Abstract

Property development is the process by which buildings are erected for occupation or for sale/investment. Owners may build premises for their own occupation, for example major retailers may erect supermarkets; alternatively, property developers may construct the same type of buildings for lease or sale. The process may be the same although some aspects of the financial appraisal may be different. A building offered for sale or investment is driven by a profit motive, a building for owner-occupation may be related to the profitability of the enterprise within the building and thus profit motivation may be redirected or constrained.

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Copyright information

© David Isaac 1996

Authors and Affiliations

  • David Isaac
    • 1
  1. 1.University of GreenwichUK

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