Commercial Real Estate Development

Masters
Essay
Business
Pages 10 (2510 words)
Download 0
The economic downturn globally has ended up putting a freeze to the real estate development, the world over; therefore it is unlikely to say that demand and supply is the reason affecting the commercial real estate development and regeneration in any part of the world and specifically Central London area…

Introduction

The current trend as indicated in the recently published, Estate Gazette Feb 2009 states the impact of the economic downturn which has resulted in very low pent up demand as not many can afford to do so and who did have already traded .
Location, layout, storey of building, area, height, storage space, interior decoration and construction framework, possibility to sub lease, inter changeability of formats, ownership distribution, availability of utilities, central air conditioning, and the level of management fee. Each of these factors will be elaborated in detail further, which will help in correctly inferring that supply and demand are not the sole factors affecting the value of commercial real estate and its development and regeneration.
Business Improvement Districts (BIDs) gained popularity because of rising crimes, emerging anti social behavior and the environmental problems. In London this evolved as a quite recent phenomenon where the formal drive occurred for the first time in April 2001. Earlier some private were operating already, but then the government announced its very first. Schemes like Town Centre Management had started in 1980s, which were a part of public private partnerships for the benefit of businesses and other stake holders. ...
Download paper
Not exactly what you need?

Related papers

Career Analysis of a Real Estate Enterpreneur
Their impact lives on for generations. A real estate entrepreneur, also known as a real estate investor, is a person actively or passively involved in real estate. Real estate refers to property that consists of land together with the housing and natural resources found on it. Thus, in business, real estate is a profession that deals with sales and purchase, or renting of land, housing or…
Real Estate Principles
Ethics in real estate One of the greatest obstacles that affect the growth of real estate industry is lack of ethics. This is based on the fact that most of the real estate buyers are not aware of the intention and operations of the realtors. In their efforts to get adequate information regarding the problems facing the real estate industry, most governments involve real estate institutes.…
UK Real Estate
These market-specific characteristics present reliable indicators regarding the UK economic status.…
Real Estate Management
(i) A development appraisal to predict developer's profit for the completed scheme. Your appraisal should be prepared both in conventional format and by using a spreadsheet. Briefly comment on the accuracy of both methods. (30 marks)…
Commercial Real Estate Development
The current trend as indicated in the recently published, Estate Gazette Feb 2009 states the impact of the economic downturn which has resulted in very low pent up demand as not many can afford to do so and who did have already traded .…
Real Estate Business
Its aspects are well stipulated in the law of many countries in the world. In law the real property is clearly distinct from personal property. A real property is immobile, that is any investment whose title is only transferable along with the land such as the land itself and any thing that is permanently fixed to it for example minerals, buildings trees among others on the other hand personal…
Pricing of real estate
Real options have been in existence since centuries and the earliest references are found in the story of Thales, a Greek philosopher. Thales predicted a bumper olive harvest and paid a large premium to local olive refiners for the right to hire their entire olive pressing facilities for a specified fee during that year's harvest season.'Thales however did not have the obligation to use the…