资产发展跟财务).ppt

Property Development and Finance资产发展与财务 Lecturer: YUYONG Part 1 INTRODUCTION CHAPTER 1: INTRODUCTION TO THE PROPERTY DEVELPOMENT PROCESS对房地产开发过程的介绍 Section 1. Introduction （介绍） Section 2. The economic context of property development （房地产业发展的经济背景） Section 1. Introduction  Definition Property development is the process by which buildings are erected for occupation or for sale/investment.房地产开发是一个从建设到处置的过程 Essential point Property development is much like any other economic activity, it acts to satisfy wants with the application of scarce resources. 房地产开发像其它商业活动一样是一个在无限需求中分配有限资源的过程。  The development process开发过程 choosing a location位置选择; identifying a site and carrying out a detailed site survey地点选择与勘察; providing an outline scheme and appraisal制定开发计划和可研; negotiating for site acquisition土地谈判; Design初设; planning consent规划审批; Finance融资; site acquisition获取土地; detailed plans详细设计; tender documents招投标; Construction建设; occupation or marketing and management处置. SECTION 2: THE ECONOMIC CONTEXT OF PROPERTY DEVELOPMENT房地产业发展的经济背景 Historic trace Keynesian approach to ‘demand management’ 凯恩斯主义与需求管理 The ‘supply side’ of macroeconomics 供给学派 Development property房地产业的发展 Part 2 FINANCIAL APPRAISAL 财务评价 CHAPTER 2: THE DEVELOPMENT APPRAISAL开发评价 Section 1. Introduction Section 2. Site finding 寻找土地 Section 3. Site appraisal土地评价 Section 4. Planning considerations规划安排 Section 5. Market research市场调研 Section 1. Introduction The selection of a site fundamentally affects the nature and success of a development. No amount of careful design or promotion can totally overcome the disadvantage of poor location.土地的重要性就在于它决定了开发的性质和成功与否。这些往往不是后期的设计和促销工作能替代的。 Section 2. Site finding土地寻找的影响因素 The developer may have a business strategy which restricts the operations to a geographic location or restricts activity to particular types of development 公司的发展战略 Section 3. Site appraisal土地评价 Access通道 Access is importa