This book provides readers with a basic understanding of the principles that underlie real estate development. A brief historical overview and an introduction to basic principles are followed by examples from practice. Case studies focus on how cities change and respond to the economic, technological, social, and political forces that shape urban development in North America. It is important to have a framework for understanding the risks and rewards in real estate investing. In measuring return, consideration must be given to both investment appreciation and the cash flow generated over the life of a project. In addition, metrics are presented that can be useful in assessing the financial feasibility of a real estate development proposal. This book also provides an overview of the forces of supply and demand that gauge the potential market for a new project. In determining the size of "residual demand", estimates for population growth, family formation, and new development are important. All development projects fall under the auspices of one or several jurisdictions. Though every jurisdiction has different rules and procedures, basic knowledge of the planning process is critical to the success of all development projects regardless of location. Furthermore, all projects have a legal component. Basic issues of land ownership, property rights, property transfer, and land registration are reviewed, all of which need to be considered when a property is sold or purchased. This book also provides a primary on the design and construction process. In constructing a building, a team of experts is first required to design the architectural, structural, and heating, ventilation, and air conditioning (HVAC) systems for a building. An overview is provided of each building system: wood, concrete, and steel. Critical to a successful real estate development, project management principles for the processes of design, bidding, and construction are explored, with close attention given to budgeting, scheduling, and resource management. Essential reading for anyone involved in the development of our built environment, this is a must-read introduction for students and professionals in architecture, urban planning, engineering or real estate seeking an approachable and broad view of real estate development and finance.

Written from a practical standpoint, this new edition of the Stamp Duty Land Tax Handbook details how the updated legislation works in common practice. The book's examples and case studies will be highly useful to surveyors, valuers and anyone needs to be kept up to date with the application of tax duty on Land. Unlike most other books in this area, the Handbook is based on practical experience of the work of surveyors applying the latest legislation in making valuations. The authors explain the potential pitfalls and use examples of calculations of the amounts on which tax is payable. Complex areas like administration and enforcement are clarified and explained. The Handbook will help surveyors and property professionals provide crucial support to their invididual and corporate clients.

First Published in 1990. Routledge is an imprint of Taylor & Francis, an informa company.

The importance of property as an investment medium continues to grow. Investors in property or those involved with the provision of expert advice to investors have had to improve the effectiveness and efficiency of their decision making. The aim of this book is to lay down the theoretical foundations of investment decision making, incorporating the techniques and procedures of modern management science, so that particular decisions regarding property investment can be made efficiently and rationally.

This book will be essential reading for anyone involved in the management of blocks of flats, or considering acquiring the management of their block. Written by a lawyer well versed in leasehold law, the book's aim is to give a practical guide to a wide variety of management issues, concentrating especially on the pitfalls presented by the Commonhold and Leasehold Reform Act 2002 and how they may be avoided or overcome.

In writing The Settlement Patterns of Britain Nick Green was inspired by the short story genre. His book is a collection of eight non-fiction short stories or essays, where the characters are the places, some of which appear more than once, usually as bit-part players, occasionally as the main protagonist. Preceded by a prologue describing Britain's prehistory as a European peninsula, each essay covers a fixed period in the history of the development of Britain's settlement patterns, sometimes long, more often quite short, beginning around 2,500 BC and ending about one hundred years in the future. Nick Green chose those periods that are particularly instructive in revealing how settlement patterns come to exist in the form they do and how they might develop in the future. Settlement patterns are not just about where a place is, but about how that place relates to others. They wax and wane with circumstance, and around each settlement's fixed core, the patterns of living and working shift constantly, driven by forces beyond the control of any individual town or city or village. From Bronze Age communities to computer simulations, from the mediaeval wool trade to the hyper-networked society, from Viking invasions to the post-industrial era, the essays cover a broad sweep of history. They appear in chronological order, but are not intended to provide a continuous, linear historical narrative - nor do they: each essay is freestanding so they can be read in whatever order the reader prefers.

A clear and up-to-date guide to the UK tax system for surveyors and valuers which demonstrates land valuation for taxation purposes.

Multi-owned properties make up an ever-increasing proportion of commercial, tourist and residential development, in both urban and rural landscapes around the world. This book critically analyses the legal, social and economic complexities of strata or community title schemes. At a time when countries such as Australia and the United States turn ever larger areas into strata title/condominiums and community title/homeowner associations, this book shows how governments, the judiciary and citizens need to better understand the ramifications of these private communities. Whilst most strata title analysis has been technical, focusing on specific sections of legislation, this book provides higher level analysis, discussing the wider economic, social and political implications of Australia's strata and community title law. In particular, the book argues that private by-laws, however desirable to initial parties, are often economically inefficient and socially regressive when enforced against an ever-changing group of owners. The book will be of particular interest to scholars and legal practitioners of property law in Australia, but as the Australian strata title model has formed the basis for legislation in many countries, the book draws out lessons and analysis that will be of use to those studying privately-owned communities across the world.

"Private Property, Government Requisition and the Constitution, 1914-1927" ranges widely over different types of property, including aerodromes, ships, hotels, pubs, alcoholic drinks and foodstuffs, the history of whose requisition by the wartime state is carefully documented. It shows how the state, in this as in many areas, was forced to act by immediate pressures, often improvising rights over areas of life previously outside the power of government; by doing so it documents a key stage in the growth of centralised power in modern Britain.

Comprehensive but digestible and affordable guide to the complexities of English and Welsh Building Regulations Has become the go to for a variety of professionals and students in Construction, Architecture and Built Environment fields who need a reference to UK building regs Provides easy to read and ready reference guidance on the Regulations without having to wade through the Regs themselves Packed with useful features, notes and flags to guide the reader on important points and suggestions

This in-depth case study evaluates the recent evolution of the Italian real estate market, which has lately been subject to two interlocking phenomena: a serious devaluation of physical assets and, at the same time, a deep legislative innovation of the vehicles investing in this asset class. The novelty of the legal framework of some of the Italian real estate investment vehicles and the recent developments in the market make this detailed analysis a fascinating addition to the literature. The book starts with an analysis of the Italian real estate sector, covering the evolution and performance in light of the economic crisis and the most recent legislative innovations. Italian real estate investment vehicles are then compared with a broader European perspective. Each Italian investment vehicle (real estate investment funds, real estate fixed capital investment companies and real estate investment trusts) is then analysed in both legal and financial details, providing insights into management structure, the rights and powers of investors, the typical investment process and the related costs. The different management models are then compared in order to assess their advantages and disadvantages, especially for institutional investors. The performance measurement of Italian closed-end alternative investment funds and the phenomenon of discount to net asset value for listed real estate investment funds are then subject to a theoretical and empirical examination.

Individual foreign investment in Western nation states is a long-standing geopolitical issue. The expansion of the middle class in BRICS and Asian countries, and their increased activity in Western real estate markets as foreign investors, have introduced new and revived existing cultural and geopolitical sensitivities. In this book, Dallas Rogers develops a new history of foreign real estate investment by mapping the movement of human and financial capital over more than four centuries. The book argues the reconfiguration of Asian geopolitical power has ruptured the conceptual landscape for understanding international land and real estate relations. Drawing on assemblage theories (Latour, Deleuze and Guattari), assemblage analytical tactics (Sassen and Ong) and discursive media theories (Kittler and Foucault) a series of vignettes of land and real estate crisis are presented. The book demonstrates how foreign land claimers and global real estate professionals colonise, subvert and act beyond the governance structures of settler-societies to facilitate new types of capital circulation and accumulation around the world.

Property is more diverse than is usually assumed. Developing the concept of property diversity, this book explores the varied role of property in placed human landscapes. In acknowledging the propertied diversity about us, the book highlights the paucity of our settled contemporary assumptions of property as defined by private ownership. Challenging this universalizing model, the book analyses how this self-limiting view produces critical blind spots in modern property discourse. In response, it offers a re-conceptualization of property that matches the grounded reality of our rich and diverse relationships with land. Integrating the plurality of real property types (private, public and common) with inclusive understandings of both interest and ownership, it thus identifies and substantiates an overarching theory of property diversity. Drawing on studies from numerous jurisdictions, including the USA, New Zealand, Australia, and the UK, its analysis of property as something more - and indeed other - than a place-less abstraction provides an invaluable contribution to the contemporary law and theory of property.

The Technology of Building Defects has been developed to provide a unique review of the subject. Defects are considered as part of the whole building rather than in isolation. General educational objectives are set out which offer the reader the opportunity of self-assessment. Each section is generously illustrated with photographs and diagrams, forming an accessible self contained review covering the following: objectives; core information; exercises; revision notes; further reading. Taken together these sections build up to offer the reader an understanding of a range of technical topics concerned with building defects. This core text can be used for direct lecture material, seminar and tutorial information, assignment work and revision notes. It is a convenient one stop resource which dispenses with the need to consult a mass of different information sources.

The first scholarly collection of writings on real estate focused on the African continent It provides benchmarks for different actors including policy makers, regulators, academics, investment promoting agencies, real estate investment analyst, financiers, amongst different African countries

Written by three surveyors, each with extensive experience in the sector, Dilapidations and Service Charge Disputes will guide practitioners through the common and new practices involved in dealing with disputes on dilapidations and service charge matters. The book offers practical guidance on the related topics of dilapidations and service charge disputes, bridging the gap between heavy-weight legally focussed case law publications and the lighter weight guidance notes. It offers practical and theoretical advice that will be invaluable to any surveyor or solicitor dealing with: condition reports prior to a lease agreement litigation avoidance advice dilapidations law and precedent. Beneficial to surveyors and solicitors acting on behalf of tenants or landlords, this book provides the information and practical advice that can help you improve in your role.

The credit crunch has highlighted the fact that fully understanding property appraisal and valuation is more critical than ever. With a long and reliable history, this new seventh edition covers all the major aspects of valuing various types of investment property. Fully updated and revised, this edition tackles the problems of inflation and growth, the equated rent principle and the special problems of short leaseholds, reversionary investments and taxation implications. Separate sections are devoted to investment appraisal, risk, investment strategy and computer and statistical aids.

California was at the epicentre of the collapse of the real estate market in 2008, which had a devastating effect on the world economy. Taking this diverse and powerful state as a case study, this book presents a financial history of the property business, from the time Spanish Missions were established to the Great Recession. Financing California Real Estate provides the history of expansions and contractions in the real estate market, and describes factors in the state and nation which may have triggered changes in the direction of growth in real estate lending. It explores how financial institutions which provided funding for building and buying homes changed over time, from the establishment of Spanish Missions in 1769, to the Gold Rush, to rail transportation, all the way through to the real estate bubble that peaked in 2005. Using detailed information on financial institutions to explain the changing nature of the real estate market, this book ultimately suggests an alternative theory for what led to the Great Recession. This book will be of interest to researchers working in the area of real estate cycles in the economy, historians interested in the economy of California, and financial historians.

'Wayleave' is an archaic term from the nineteenth century defined as 'a privilege enabling a person to cross another person's land with infrastructure and with goods and chattels'. It has been applied to electricity rights because of the need to string electricity lines across land. Electricity is such a fundamental part of life that its supply is often taken for granted. In reality, the rights for electricity lines are arguably the weakest of all utilities, with the vast majority covered by wayleaves. Privatisation in the 1990s provided the opportunity to bolster wayleave rights, but it only led to a tinkering through primary legislation. The acceleration of telecommunications over the past twenty years has confused issues, with operators installing masts and adding apparatus to electricity lines. A large proportion of wayleaves are dealt with at local level, with little consistency. Coupled to this is the public concern that electricity lines have potentially serious health effects that continue to attract research and media interest. This book has been written for those involved in, or advising on, the use and development of land for transmission and distribution lines. As most people have only brief encounters with the electricity infrastructure, this guide will help to avoid the fear of the unknown. By setting out the main principles and procedures used and the relevant primary and secondary legislation in a clear and easy-to-follow way it will enable lawyers, surveyors, planners, architects, engineers and accountants to discuss the relevant issues with confidence.

Since its first publication in 1975, John Murdoch's Law of Estate Agency has been the leading work on this important subject. This new fifth edition offers authoritative guidance on all recent legal developments, both legislative and in the courts, of concern to practising estate agents. Judicial decisions on such matters as commission claims and liability for misdescription are of great concern to practitioners, as is the increasing tendency of clients to defend an action for fees by claiming that the agent's terms of business contravene consumer protection rules inspired by the EU. These developments, and many more, are given expert coverage.

For investors from across the world, UK residential property is seen as one of the best investments available. This is for good reason. It has a track record of delivering strong, stable returns in a way that is relatively easy to understand and implement. The trouble is, the market has changed. The investors of the future value sustainability more than ever before. There is unprecedented and growing demand for Environmental Social and Governance (ESG) investing, now worth $30 trillion in Assets Under Management each year, around a quarter of all professionally managed assets. The traditional goal of profit maximisation is being replaced. Investments must increasingly be profitable as well as sustainable: economically resilient with positive ESG metrics. Yet the UK residential property market - worth over GBP7.5 trillion - is lagging behind. There is very little clear, easily usable guidance for those responsible for a huge proportion of the market: private investors. The positive impacts of sustainable property investing - for profit-motivated investors, people and the planet - could be huge. The financial, environmental and social costs of getting it wrong could be catastrophic. To get this right and to avoid the risks of getting it wrong, it is vital to understand: * What sustainable residential property investing is * What needs to change and * How, on a practical level, you can invest in a way that is both profitable and sustainable. This book draws on expertise from within and beyond real estate, provides a simple framework for updating your approach. It highlights common mistakes and shares advice so that you can avoid them. Ultimately, it's about answering the question of the decade: 'How can I invest profitably with positive impacts?'

Tuten shows how the Jewish National Fund (JNF) proved to be flexible in its fundraising to obtain its land-purchase objectives during the Second World War. He provides a detailed examination of the Jewish National Fund's internal development and analyses the relationship between JNF's finances and land purchase priorities. A valuable addition to recent re-evaluations of Israeli history and institutions, this book will be of interest to those researching Palestinian history, Jewish and Israeli history and the history of the modern Middle East.

Singapore's Real Estate: 50 Years of Transformation documents the transformation and development of the real estate market in Singapore over the past 50 years. This volume is organised around two major themes, and covers issues from the 'bricks and mortar' to the capital markets; and from local to international real estate markets. The themes aptly describe how real estate has played an important role in the economic development and growth of Singapore from a third world to a first world country. Written by well-renowned experts with deep academic and practical knowledge of the progress of real estate in Singapore, this book highlights the uniqueness of real estate markets and institutions in Singapore, which have constantly been replicated and adopted in other markets.

Singapore's Real Estate: 50 Years of Transformation documents the transformation and development of the real estate market in Singapore over the past 50 years. This volume is organised around two major themes, and covers issues from the 'bricks and mortar' to the capital markets; and from local to international real estate markets. The themes aptly describe how real estate has played an important role in the economic development and growth of Singapore from a third world to a first world country. Written by well-renowned experts with deep academic and practical knowledge of the progress of real estate in Singapore, this book highlights the uniqueness of real estate markets and institutions in Singapore, which have constantly been replicated and adopted in other markets.

First published in 1996. Routledge is an imprint of Taylor & Francis, an informa company.