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Fundamentals of Real Estate Development

Journal of Property Valuation and Investment

ISSN: 0960-2712

Article publication date: 1 March 1992



Notes the real estate development process involves three major groups – a consumer group, a production group and a public infrastructure group. Comments that a major limitation shared by all groups is that each has a cash cycle enterprise which must remain solvent to survive. Concludes that the best risk management device for the producer group is through research so that the development product fits as closely as possible the needs of the tenant or purchaser, the values of the politically active collective consumers and the land use or the ethic of the society.



Graaskamp, J.A. (1992), "Fundamentals of Real Estate Development", Journal of Property Valuation and Investment, Vol. 10 No. 3, pp. 619-639.




Copyright © 1992, MCB UP Limited

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