Assessing the importance of property development risk factors

Graeme Newell, Mark Steglick

    Research output: Contribution to journalArticle

    23 Citations (Scopus)

    Abstract

    Property development makes a significant contribution to the Australian property industry and economy. However, property development is inherently risky, with a number of risks evident throughout the property development process. From a survey of leading property developers in Australia, the importance of 34 property development risk factors is assessed. The most important property development risk factors identified were environmental risk, time delay risk and land cost risk.
    Original languageEnglish
    JournalPacific Rim Property Research Journal
    Publication statusPublished - 2006

    Keywords

    • real estate development
    • real property
    • risk factors

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