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 significant periods of time, so operators have to gauge mid- to long-term demand levels before investing if they are to generate sufficient returns. The economic conditions that followed the collapse of the credit markets in 2008 created difficulties for industry operators and pushed many into a loss-making position. In a stagnant property market, projects were halted or scaled back and developers struggled to sell on completed buildings.
Firms in this industry bring together the financial, technical and material resources to complete residential and non-residential building projects. The industry does not cover construction of buildings or project management services related to building projects.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.