Property development is an exciting, at times frustrating, complex activity involving the use of scarce resources. It is a process that involves changing or intensifying the use of land to produce buildings for occupation, but land is only one of the materials used. Others include building materials, infrastructure, labour, finance and professional services. It is a high-risk activity which often involves large sums of money. Property Development is a practical book, which gives the reader a complete overview of the development process. It is intended as an introductory text for students and others coming to the property development process for the first time, and case studies are included to provide real illustrations of particular aspects of this process. Much has changed since the publication of the fourth edition, and sections on sustainability and urban regeneration have been added to this fully revised and up-dated text. Emphasis is also given to the effects of globalisation and the EU to the UK property development process. A website accompanies the book, with support material such as appraisal spreadsheets.
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