You are a development company with existing experience of developing projects. You now wish to find an additional site suitable for commercial or mixed development. Find a site which may suitable. This could be a site already being developed but the requirement here is to examine it anew.
Choose a site of sufficient size to justify a detailed appraisal. Provide a report to the Board of the company with a detailed development appraisal of the site value and an assessment of the value of the completed development if sold on.
The report should enable the Board to make a decision to purchase the site or not.
The report should concentrate on the financial appraisal and provide a risk analysis.
In addition, you should provide an additional section outlining an appropriate funding strategy for the development.
The report should be in the form of a formal report to the board of the development company.
