Real Estate Development
Real estate development is a multifaceted business encompassing activities which are related to the building construction and land development. A real estate development project range from the renovation and re-lease of existing buildings to the purchase of raw land, constructing master planned communities on them or the sale of improved parcels in pieces. Real estate development configures the built environment. It is a dynamic and interdisciplinary process which depends on political, economical, social, legal, and physical components. According to this rapidly changing context, new building technologies, equipment needs and material variety, real estate development projects are becoming larger and more complex than in previous decades. Under today’s conditions, the success of these sizeable investments should not be left up to chance. At this point, serious market attention and client oriented approach is essential. Real estate developers are the coordinators of the process transforming the ideas on papers into realized projects. In general, they purchase a land or a building, determine the target market and the function of the real estate to be developed, form the construction program, provide the necessary approvals and financing, complete the construction and finally lease out and manage or sell. Our presence in the process of real estate development is based on setting up the consultant team in all fields and performing the coordination and leadership among them, yet transmitting our own knowhow and experience gained over the years. While fulfilling this task, our greatest goal is to develop sustainable, innovative, profitable, environment-friendly projects that are capable of keeping pace with the rapidly changing market conditions. We do not only put our own real estate development projects into practice but also provide consultancy services to entities and individuals in demand.