Show simple item record

dc.contributor.authorMcDonagh, John
dc.date.accessioned2009-10-22T01:12:34Z
dc.date.issued2009-01
dc.identifier.citationMcDonagh, J. (2009). Critical success factors in land development in New Zealand : part 1. In Proceedings from 15th annual conference of the Pacific Rim Real Estate Society, Sydney, Australia, 18-21 January 2009.
dc.identifier.urihttps://hdl.handle.net/10182/1251
dc.description.abstractThis research aimed to investigate the critical factors that contribute to the success of residential land development in New Zealand. The methodology employed involved reviewing the literature to determine those factors earlier identified as critical by international researchers and then comparing those to critical factors identified in a survey of property development teams active in New Zealand. In the interests of brevity the findings are reported in two papers. This paper focuses on factors associated with the site itself. A second paper focuses on factors relating to the development team. The findings include the concept of “success” is centered on profitability, timeframes and budgets. There was a greater focus on the due diligence phase, at the expense of the site selection phase, compared with earlier research. There were also fewer options available for financing property development in the New Zealand context. The development legislation was generally seen as appropriate but its application was felt to be inconsistent and the source of much of the risk in a property development. While the critical factors identified were similar to those found in the literature, there was a much greater reliance on experience to manage their impact than on the more formal approaches employed in other countries.en
dc.format.extent1-19en
dc.language.isoen
dc.publisherPacific Rim Real Estate Society
dc.relationThe original publication is available from - Pacific Rim Real Estate Society - http://www.prres.net/en
dc.source15th Pacific Rim Real Estate Society Conference Proceedingsen
dc.subjectdevelopment financeen
dc.subjectdevelopmenten
dc.subjectsubdivisionen
dc.subjectresidentialen
dc.subjectsuccess factorsen
dc.subjectsite selectionen
dc.subjectdue diligenceen
dc.subjectresource managementen
dc.subjectregulatory environmenten
dc.titleCritical success factors in land development in New Zealand: Part 1en
dc.typeConference Contribution - published
dc.subject.marsdenFields of Research::350000 Commerce, Management, Tourism and Services::350300 Banking, Finance and Investment
lu.contributor.unitLincoln University
lu.contributor.unitFaculty of Agribusiness and Commerce
lu.contributor.unitDepartment of Land Management and Systems
pubs.finish-date2009-01-21en
pubs.organisational-group/LU
pubs.organisational-group/LU/Faculty of Agribusiness and Commerce
pubs.organisational-group/LU/Faculty of Agribusiness and Commerce/LAMS
pubs.organisational-group/LU/Research Management Office
pubs.organisational-group/LU/Research Management Office/QE18
pubs.publication-statusPublisheden
pubs.publisher-urlhttp://www.prres.net/en
pubs.start-date2009-01-18en
lu.identifier.orcid0000-0001-9122-9270
lu.subtypeConference Paperen


Files in this item

Default Thumbnail

This item appears in the following Collection(s)

Show simple item record