Publisher's Synopsis
Addressing the issues involved in development, with an emphasis on the financial analysis of projects in the context of developmental values and construction costs, this book provides a comprehensive introduction to the property development process. It covers the level 2 module of the CIOB's Education Framework on pre-contract studies, and is sanctioned by the CIOB as the recognized text for that module.;The process of getting a project from inception to completion is thoroughly examined, while the different methods of development appraisal, and the way that developers' budgets are calculated are further explored through worked examples.