The Real Estate Development Process

2021 ◽  
pp. 363-383
Author(s):  
John Ratcliffe ◽  
Michael Stubbs ◽  
Miles Keeping
Keyword(s):  
Real Estate ◽  
Development Process ◽  
Real Estate Development ◽  
The Real ◽  
The Real Estate

The Real Estate Development Industry

2012 ◽  
pp. 721-738
Author(s):  
Igal Charney
Keyword(s):  
Urban Planning ◽  
Real Estate ◽  
Development Process ◽  
Real Estate Development ◽  
Real Estate Industry ◽  
Cultural Issues ◽  
The Real ◽  
The Real Estate ◽  
The Core ◽  
Important Position

This article provides an overview of the real estate development industry and evaluates its connection to urban planning. It reviews principal approaches used to study the real estate industry and explains the concept of development rhythms that encapsulate the unevenness of development over time. The article explains that the real estate development industry has not come to occupy an important position in urban planning because of the preference of urban scholars for social, political, and cultural issues. It also examines the workings of the core agents in the development process, real estate developers.

Influence of Parameters of Building Design to Effectiveness of Real Estate Development

2014 ◽  
Vol 1065-1069 ◽  
pp. 2520-2524
Author(s):  
Viera Somorová
Keyword(s):  
Real Estate ◽  
Development Process ◽  
Building Design ◽  
Real Estate Market ◽  
Operating Costs ◽  
Real Estate Development ◽  
Substantial Part ◽  
The Real ◽  
The Real Estate ◽  
The Future

Real estate development is in its essence the development process characterized by a considerable dynamics. The purpose of the development process is the creation of buildings which can be either rented by future unknown users or sold in the real estate market. A substantial part of the paper is dedicated to the analysis of the parameters solutions of buildings considering the future operating costs in a phase of designing. The above-indicated solutions are the main factor not only in determining the future operating costs but also in achieving the subsequent economic effectiveness of the real estate development.

scholarly journals Conceptualizing sustainability in the real estate development process

2019 ◽  
Vol 3 (1) ◽  
pp. 1-14
Author(s):  
Upuli Perera ◽  
Collins Adjei Manesh
Keyword(s):  
Systematic Review ◽  
Real Estate ◽  
Development Process ◽  
Stakeholder Participation ◽  
Environmental Values ◽  
Real Estate Development ◽  
The Real ◽  
The Real Estate ◽  
Socially Constructed

Operationalizing sustainability within the real estate development is a challenge as such development process is complex, multidisciplinary in nature and involves multiple agencies. The paper, therefore, aims at strengthening the conceptualization of sustainability within the real estate development process (REDP) to address this challenge effectively. Adopting the systematic review, 127 publications focused on sustainability and REDP were appraised. Focusing on the institutionalist viewpoints, sustainability was found to be a problem driven notion which is socially constructed. Therefore, it requires to be viewed within the larger picture of agency, structure and power in the context of economic, social and environmental uncertainties. These are found to be applied in the same way in the contemporary REDP literature too. On account of this, the paper suggests, conceptualizing sustainability within REDP needs the latter to take into account the agency dynamics of actors in the development process such as agency motivation (values) to offer a meaningful operationalization of the concept. In other words, this paper calls for significant stakeholder participation in the REDP which allows significant levels of economic, social and environmental values of actors to be brought forward to build consensus to determine as to what is sustainability within it.

scholarly journals Influence of Building Material Solution of Structures to Effectiveness of Real Estate Development

2015 ◽  
Vol 10 (2) ◽  
pp. 49-60
Author(s):  
Viera Somorová
Keyword(s):  
Real Estate ◽  
Development Process ◽  
Real Estate Market ◽  
Operating Costs ◽  
Real Estate Development ◽  
The Real ◽  
The Real Estate ◽  
The Future ◽  
Material Solution ◽  
Optimal Material

Abstract Real estate development is in its essence the development process characterized by a considerable dynamics. The purpose of the development process is the creation of buildings which can be either rented by future unknown users or sold in the real estate market. A first part of the paper is dedicated to the analysis of the parameters of buildings solutions considering the future operating costs in a phase of designing. Material solution of external structures is a main factor not only in determining the future operating costs but also in achieving the subsequent economic effectiveness of the real estate development. To determine the relationship between economic efficiency criteria and determine the optimal material variant of building constructions for the specific example is the aim of the second part of paper.

Heuristic Model for Real Estate Development Using Value Management Techniques

2015 ◽  
Vol 40 (1) ◽  
pp. 62-73
Author(s):  
Ahmed Fouda ◽  
Ahmed Shalaby ◽  
Mootaz Farid
Keyword(s):  
Real Estate ◽  
Development Process ◽  
Value Management ◽  
Real Estate Development ◽  
Heuristic Model ◽  
Management Tools ◽  
The Real ◽  
The Real Estate ◽  
Early Stages ◽  
Tools And Techniques

The real estate development processes involves complex sets of decisions that are related to both technical and financial issues. Some of these decisions could be made simultaneously where the others would be made sequentially. Sequential decisions, especially at early stages of the process, are the most critical for the success of any project. Reliable information at early stages is hard to be found, which makes these decisions rather risky. Budget overruns is also a real risk, which usually appears at last stages of developments especially at tender phase. Developers apply cost saving and/or value engineering / management exercises to reduce the expected cost in order to re-meet the budget again. Value management is preferred since it maintains the same planned quality, provides needed functions and reduces cost. Some of developers succeed where the others are obliged to cancel their developments after wasting a lot of time and money. In order to mitigate some of those risks, enhance development process and optimize the product, developers need to apply a systematic approach in the form of a Heuristic Model as a pro-active tool to assist them performing better. The main objective of this research is to re-utilize the core principle of the value management, which is eliminating unnecessary functions and costs in order to develop this model. Thus, a descriptive analytical approach was applied as a methodology for doing the targeted synchronization and integration between the value management tools and techniques within the real estate development process. The heuristic model proposed a certain order of the development process and selected tools and techniques to achieve the value management philosophy. It is designed to be strategic and flexible in order to guide the developers to create their own model according to their vision and surrounded circumstances.

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