6. Developers profit Flashcards
1
Q
What are the two types of developers profit and was is the standard %?
A
Percentage of GVD
Percentage of total construction costs
around 15% - 20% depending upon risk
GDV is more frequently used as a base for residential use
2
Q
What would make a scheme low risk?
A
If the building was already pre-let/sold
3
Q
What would make a scheme high risk?
A
Volatile market confitions