The Development Process
Scope of the Course:
This course enables students to gain an advanced understanding of the development process and have a working knowledge of both the development process and market and financial analysis from the perspective of the Real Estate entrepreneur. This course therefore aims to provide students with an advanced understanding of:
The phases of development as an evolutionary cycle, from the initial concept, to 'siting', land planning, through to the budgeting, financing, and construction;
An awareness of the strategic decision making, legal, financial, business planning, land planning, and ethical aspects of development;
Skills and knowledge required to operate as a professional in the area of real estate development
This course includes analysis of:
Introduction: The concept of real estate development
Development Inception and market analysis
Project applicability and marketability
Sustainability and environmental issues in development
The finance and economics of development
Investment decision techniques
Risk assessment and mitigation
The learning objectives for this course are to enable students to:
Have a sound knowledge and understanding, appropriate to the level of Master of Real Estate, in the process of development.
The understanding and skills to operate as a professional in the area of development from inception, site investigation, planning and environmental considerations, and financial and risk analysis.
- Critical analysis of markets and the use of problem solving and creative thinking to identify solutions in the different forms of property development.
- Understanding and appreciation of the intuitive real estate development environment from both a local and global perspective
See the Course Schedule to find out when this course is offered.
Download a copy of the Course Syllabus .