Industry Analysis & Industry Trends
Operators in the Building Project Development industry bring together the financial, technical and physical resources required to construct a building that can later be sold. Development projects can last for long periods of time, so operators have to gauge mid- to long-term demand levels before investing if they are to generate sufficient returns. The industry has performed well over the past five years, following difficult conditions in the aftermath of the economic crisis when many development projects were halted or scaled back and developers struggled to sell on completed buildings.
With demand for housing increasing over the past five years, property values climbed, helping industry operators to boost their returns... purchase to read more
Industry Report - Starting a New Business Chapter
The barriers to entering the Building Project Development industry are moderate. It is possible for operators to enter this industry for a limited period to speculatively develop and market small building projects. However, to maintain long-term participation in this industry, developers must establish a solid reputation for astute project selection and successful developments that suit buyers' needs.
Competition is high, since there is a constant flow of firms entering and exiting the industry. The challenge for new entrants is to establish a foothold in the market while generating reasonable profit. They require little capital for equipment because developers typically subcontract construction activity. How.. purchase to read more