“I once came across an old, reinforced concrete second world war bunker that was only discovered five metres underground. It was missed in the ground survey.” - Eli Korman, Head of Development Finance and Chief Investment Officer.
“The price you pay for the site will depend on these factors, and getting them wrong can have disastrous effects.” It may sound obvious, but the price for a property can be argued to be the most important factor when evaluating a successful development. Too often, an incorrectly priced property, i.e. paying over the property’s value can become the downfall of a developer.