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Synopses & Reviews


Provides a full overview for students and professionals, examining each stage of the development process. There are new chapters on planning and sustainability, continued focus on appraisal techniques with worked examples, updated content on sensitivity testing and funding mechanisms, and new self-assessment questions with model answers.


The fully revised and updated third edition of this textbook provides a comprehensive guide to the property development process, taking readers from initial project evaluation to planning, funding, construction and disposal. The last ten years have seen regional planning apparatus swept away and replaced by new neighbourhood plans and more prominence is now given to financial viability in planning policy and decision making. The uncertainty of the financial crisis and the associated housing crash have given way to a new wave of commercial and housing development, and in this period of growth it is more important than ever to be aware of the risks and opportunities inherent in the property market.

This book is an ideal companion for students on courses in estate management, land economics, property development, real estate, surveying, construction, planning and related subjects. The book will also have value for practitioners in any of these fields who as part of their CPD obligations may be looking to refresh and update their knowledge.

New to this Edition:
– New chapters on planning and the sustainability agenda, reflecting recent changes and the increasing centrality of these topics in modern development
– Exploration of crucial emerging themes such as development viability and affordable housing, the impact of the Community Infrastructure Levy, sensitivity testing, risk transfer and the limitations of development appraisal methods
– New self-assessment questions with model answers on the book’s companion website

Product Details

Trade Paperback
Publication date:
Red Globe Press
Series info:
Building and Surveying
Series Number:
John O’Leary
David Isaac
Mark Daley


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