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dc.contributor.authorMcDonagh, Johnen
dc.date.accessioned2011-02-08T02:44:46Z
dc.date.issued2010-03en
dc.identifier.citationMcDonagh, J. (2010). Land development in New Zealand: case studies on the importance of site selection, due diligence, finance and the regulatory environment. Pacific Rim Property Research Journal, 16, (1), 70-96.en
dc.identifier.issn1444-5921en
dc.identifier.urihttps://hdl.handle.net/10182/3220
dc.description.abstractThis research investigated critical factors that contribute to the success of residential land development in New Zealand. The methodology involved determining those factors identified as critical by international researchers and then drawing comparisons to critical factors identified in interviews with various members of four property development teams active in New Zealand. This paper focuses on factors associated with the site itself. The findings presented here include the concept of “success” in New Zealand 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.extent70-96en
dc.language.isoenen
dc.publisherPacific Rim Real Estate Societyen
dc.relationThe original publication is available from - Pacific Rim Real Estate Society - http://hdl.handle.net/10182/3220en
dc.subjectdevelopment financeen
dc.subjectsubdivisionen
dc.subjectsuccess factorsen
dc.subjectsite selectionen
dc.subjectdue diligenceen
dc.subjectresource managementen
dc.subjectregulatory environmenten
dc.subjectland developmenten
dc.subjectresidential developmenten
dc.titleLand development in New Zealand: case studies on the importance of site selection, due diligence, finance and the regulatory environmenten
dc.typeJournal Article
lu.contributor.unitLincoln Universityen
lu.contributor.unitFaculty of Agribusiness and Commerceen
lu.contributor.unitDepartment of Land Management and Systemsen
dc.subject.anzsrc12 Built Environment and Designen
dc.subject.anzsrc14 Economicsen
dc.subject.anzsrc15 Commerce, Management, Tourism and Servicesen
dc.relation.isPartOfPacific Rim Property Research Journalen
pubs.issue1en
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://hdl.handle.net/10182/3220en
pubs.volume16en
lu.identifier.orcid0000-0001-9122-9270


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