As part of our ongoing series of market updates and technical papers, this paper comprises “Part 2” within the Office Development Series.
Our Part 1 paper covered issues relevant to the management of matters surrounding the end realisation, income support and transaction costs relating to development valuations. This Part 2 paper covers general feasibility matters and return benchmarking.
Part 3 of this series (soon to be released) will cover some actual market dynamics for development sites in several select markets. This is of particular importance in the Sydney CBD given the interest surrounding the Draft Central Sydney Planning Strategy and the indentified tower cluster sites.
This is of particular importance in the Sydney CBD given the interest surrounding the Draft Central Sydney Planning Strategy and the indentified tower cluster sites.