Property Development, Management and Investment is the umbrella term used to cover various activities related to property management. The activities include property development, management and investment of residential and commercial properties in the UK. The term is also used in other countries and is recognised internationally.
The activities are undertaken by companies such as Harvard Grace Corporation which are in the business of property development and management. They have an active involvement with both property developers and property owners. These companies may own, manage or be involved in buying, building and selling residential and commercial properties and have a direct relationship with tenants, mortgage holders, creditors, investors and insurance companies.
Property Development, Management and Investment activities are normally conducted by a number of individual or private companies operating within a particular area. They typically employ a wide range of staff including project managers, property managers, development managers, property investment specialists, property inspectors, property tax specialists, finance specialists, financial experts, property appraisers and other personnel who can provide the necessary services required to undertake a range of development, management and investment projects. Some of the companies may operate as joint ventures with other companies engaged in similar activities.
A key characteristic of most of these companies is that they generally concentrate on one type of property. This may include residential and commercial properties in a particular area, however other types of property, such as industrial, agricultural and retail properties can also be handled by these firms.
On completion of the contract, the property development, management and investment fractional CFO will then be in a position to assess the project to ascertain whether or not it is viable for future growth. If it is not, they will undertake a feasibility study to establish the viability of a commercial property development as well as identifying and prioritising the key areas of the development and will complete the feasibility report.
The property development, management and investment specialist then proceed with the project and perform all the necessary planning and preparation steps associated with it. If all is successful, they will ensure that a company that is associated with them is able to deliver the goods as scheduled and that the property developer meets all its obligations under the agreement. If, however, there are problems and issues that arise, they will liaise with the parties concerned, take steps to resolve the issues and then either submit an agreement to the client or refer it to their lawyer for review. You can read more details related to this topic on this post: https://en.wikipedia.org/wiki/Building_inspection.
