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The Property Development Process

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Property Development

Part of the book series: Macmillan Building and Surveying Series ((BASS))

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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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© 1996 David Isaac

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Isaac, D. (1996). The Property Development Process. In: Property Development. Macmillan Building and Surveying Series. Palgrave, London. https://doi.org/10.1007/978-1-349-13902-6_1

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  • DOI: https://doi.org/10.1007/978-1-349-13902-6_1

  • Publisher Name: Palgrave, London

  • Print ISBN: 978-0-333-64690-8

  • Online ISBN: 978-1-349-13902-6

  • eBook Packages: EngineeringEngineering (R0)

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