32
University of Birmingham Innovative Real Estate Development Finance – Evidence from Europe Squires, Graham; Hutchison, Norman; Adair, Alastair; Berry, Jim; Organ, Samantha; McGreal, Stanley DOI: 10.1108/JFMPC-09-2015-0036 License: None: All rights reserved Document Version Peer reviewed version Citation for published version (Harvard): Squires, G, Hutchison, N, Adair, A, Berry, J, Organ, S & McGreal, S 2016, 'Innovative Real Estate Development Finance – Evidence from Europe', Journal of Financial Management of Property and Construction, vol. 21, no. 1. https://doi.org/10.1108/JFMPC-09-2015-0036 Link to publication on Research at Birmingham portal Publisher Rights Statement: Final version of record available at: http://dx.doi.org/10.1108/JFMPC-09-2015-0036 Validated Feb 2016 General rights Unless a licence is specified above, all rights (including copyright and moral rights) in this document are retained by the authors and/or the copyright holders. The express permission of the copyright holder must be obtained for any use of this material other than for purposes permitted by law. • Users may freely distribute the URL that is used to identify this publication. • Users may download and/or print one copy of the publication from the University of Birmingham research portal for the purpose of private study or non-commercial research. • User may use extracts from the document in line with the concept of ‘fair dealing’ under the Copyright, Designs and Patents Act 1988 (?) • Users may not further distribute the material nor use it for the purposes of commercial gain. Where a licence is displayed above, please note the terms and conditions of the licence govern your use of this document. When citing, please reference the published version. Take down policy While the University of Birmingham exercises care and attention in making items available there are rare occasions when an item has been uploaded in error or has been deemed to be commercially or otherwise sensitive. If you believe that this is the case for this document, please contact [email protected] providing details and we will remove access to the work immediately and investigate. Download date: 13. Jul. 2021

University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher

  • Upload
    others

  • View
    1

  • Download
    0

Embed Size (px)

Citation preview

Page 1: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher

University of Birmingham

Innovative Real Estate Development Finance –Evidence from EuropeSquires, Graham; Hutchison, Norman; Adair, Alastair; Berry, Jim; Organ, Samantha;McGreal, StanleyDOI:10.1108/JFMPC-09-2015-0036

License:None: All rights reserved

Document VersionPeer reviewed version

Citation for published version (Harvard):Squires, G, Hutchison, N, Adair, A, Berry, J, Organ, S & McGreal, S 2016, 'Innovative Real Estate DevelopmentFinance – Evidence from Europe', Journal of Financial Management of Property and Construction, vol. 21, no. 1.https://doi.org/10.1108/JFMPC-09-2015-0036

Link to publication on Research at Birmingham portal

Publisher Rights Statement:Final version of record available at: http://dx.doi.org/10.1108/JFMPC-09-2015-0036

Validated Feb 2016

General rightsUnless a licence is specified above, all rights (including copyright and moral rights) in this document are retained by the authors and/or thecopyright holders. The express permission of the copyright holder must be obtained for any use of this material other than for purposespermitted by law.

•Users may freely distribute the URL that is used to identify this publication.•Users may download and/or print one copy of the publication from the University of Birmingham research portal for the purpose of privatestudy or non-commercial research.•User may use extracts from the document in line with the concept of ‘fair dealing’ under the Copyright, Designs and Patents Act 1988 (?)•Users may not further distribute the material nor use it for the purposes of commercial gain.

Where a licence is displayed above, please note the terms and conditions of the licence govern your use of this document.

When citing, please reference the published version.

Take down policyWhile the University of Birmingham exercises care and attention in making items available there are rare occasions when an item has beenuploaded in error or has been deemed to be commercially or otherwise sensitive.

If you believe that this is the case for this document, please contact [email protected] providing details and we will remove access tothe work immediately and investigate.

Download date: 13. Jul. 2021

Page 2: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher

Innovative Real Estate Development Finance – Evidence

from Europe

Journal: Journal of Financial Management of Property and Construction

Manuscript ID JFMPC-09-2015-0036.R3

Manuscript Type: Research Paper

Keywords: Development Finance, Real Estate Development Finance, Institutional Finance, Innovative financing, Property Development, Real Estate

Page 3: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher
Page 4: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher
Page 5: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher
Page 6: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher
Page 7: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher
Page 8: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher
Page 9: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher
Page 10: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher
Page 11: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher
Page 12: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher
Page 13: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher
Page 14: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher
Page 15: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher
Page 16: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher
Page 17: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher
Page 18: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher
Page 19: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher
Page 20: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher
Page 21: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher
Page 22: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher
Page 23: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher
Page 24: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher
Page 25: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher
Page 26: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher
Page 27: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher
Page 28: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher
Page 29: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher
Page 30: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher
Page 31: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher
Page 32: University of Birmingham Innovative Real Estate Development ......2 public and private sectors (Adair et al., 2011).The financing of real estate development activity is often higher