Abstract
Notes the real estate development process involves three majorgroups – a consumer group, a production group and a publicinfrastructure group. Comments that a major limitation shared by allgroups is that each has a cash cycle enterprise which must remainsolvent to survive. Concludes that the best risk management device forthe producer group is through research so that the development productfits as closely as possible the needs of the tenant or purchaser, thevalues of the politically active collective consumers and the land useor the ethic of the society.
Keywords
Citation
Graaskamp, J.A. (1992), "Fundamentals of Real Estate Development", Journal of Property Valuation and Investment, Vol. 10 No. 3, pp. 619-639. https://doi.org/10.1108/14635789210031253
Publisher
:MCB UP Ltd
Copyright © 1992, MCB UP Limited
