Property development, also referred to as real estate development, encompasses the enhancement of the value of existing structures and/or land through construction. It is a multifaceted enterprise consisting of various components, such as the construction of properties from the ground up, renovation of pre-existing ones, and conversion of properties to fulfil a different purpose than […]
Development management agreements serve as a vehicle for combining the financial resources of funds and other interested parties with the experience of development managers, who are frequently developers or former developers. These agreements are different from more conventional development agreements in that the employer provides the funding and hires the professional and construction teams, while […]
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