Aims/Description: The module explores the structure and behaviour of the development industry; the real estate development process and its various stages and activities; and the roles and objectives of the actors involved in the process. In particular, it considers those factors that affect development profitability and the techniques used by developers to decide whether to pursue particular schemes. The module therefore includes coverage of: market research, development appraisal (traditional residual and cash-flow methods), sources and methods of development finance, sources of and management of risk and undertainty; and the impact of planning on development.
Restrictions on availability: Restricted to students on TRPT120 and TRPT121
Notes: May be taken as part of a programme of study accredited by the RICS or the RTPI
Information on the department responsible for this unit (Urban Studies and Planning):
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Teaching methods and assessment displayed on this page are indicative for 2020-21. Details will be available from the academic department.