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Availability
Schedule available upon request within 24 hours.
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Who will the lesson benefit? - Developers
- Investors
- Lenders and intermediaries
- Solicitors
- Development and investment surveyors
- Project managers
- Construction professionals
What delegates will learn As a result of attending this conference, you will be able to: - Understand how the component parts of the development process integrate
- Ensure that deals with external parties more timely and steam-lined
- Understand and adhere to planning constraints and other statutory restrictions
- Anticipate potential environmental problems and resolutions
- Avoid difficulties with investors/funders
- Ensure that your documentation is watertight
- Avoid conflict between commercial intentions and the practicalities of construction
- Maintain a firm grasp of the process from beginning to end
Contents of this class Site acquisition and preparation - Piecing the title together
- Accuracy of boundaries
- Rights of access
- Wayleaves
- Restrictive covenants
- Rights of light
- Crown cautions
Planning issues - Site appraisal from a planning perspective
- Development plan policies and other constraints
- Section 106 issues
- Recent changes in development control
Environmental matters - Historic risks
- Operational concerns
- Instructing environmental consultants
- Environmental indemnities and other contractual provisions
- Insurance cover
Construction issues - What are the developer's expectations, and are they realistic?
- Partnering
- SBC - Standard Building Contracts
- JCT Major Project Form 2003
- NEC3
- HGCR Act 1996 - Adjudication, success or failure
Raising finance - the practical realities - Types of development risk
- Institutional v banks
- Terms of bank finance
- Rents and the ability to leverage debt
- The equity gap
- Equity from developers, contractors and landowners
- Pre-development equity syndicates
- Mezzanine finance
- Long-term finance
- Providers of finance
Tax issues - Recent changes (REITs, planning gain supplement)
- Investment v trading - the crucial distinction
- Capital allowances
- Capital gains tax and offshore structures
- The taxation of trading activities
Development and funding agreements - Traditional forward funding agreements
- Fund's maximum commitment
- Conditions
- Developer's obligations
- Other types of development agreement
Mixed use developments - specific issues - Definitions
- Economic drivers
- Government Policy
- Trends
- Stakeholders
- Public & Private Sector Outputs
- Sustainability
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