The document discusses several development scenarios for a site currently occupied by a school in China. It analyzes the financial viability of a mixed-use residential and retail development with the school remaining or being moved. The best option is seen as a mixed residential/retail development keeping the school, with an 18% internal rate of return and profit of over RMB 10 billion after 10 years. Next steps include discussing moving the school with local officials and a taxation expert.
San angelo councilworksessionfeb17_catalyst - copyAlan Prest
Catalyst Urban Development presented the results of their Phase 2 downtown master planning to San Angelo's City Council on 3-17-15. The city chose not to post this on their website with Council Agendas, Background Packets and Presentations. Thus, I posted it here.
Sebastian Tibenham and Richard Cook, Pegasus GroupPlace North West
Sebastian Tibenham, executive director, and Richard Cook, associate at Pegasus Group look at the Liverpool City Region economy, the Local Plan and progress towards housing targets, at the Place North West Merseyside Development Update on 16 November 2017
Merseyside Development Update: Mark Kitts, Liverpool City CouncilPlace North West
Mark Kitts, assistant director of regeneration at Liverpool City Council, gives an update on the regeneration of North Liverpool at the Place North West Merseyside Development Update on 16 November 2017
Regulatory Requisites & Development Cost Analysis in Bangalorepiasi sinha
Regulatory requisites & development cost analysis are the two key components in the development cycle of a real estate project.This presentation covers these components and gives an insight to help key stakeholders throughout the project life cycle.
Fundamental Analysis of Dayang Enterprise Holdings Berhad by L. C. Chong
https://lcchong.wordpress.com/
https://www.facebook.com/groups/285121298359919/
San angelo councilworksessionfeb17_catalyst - copyAlan Prest
Catalyst Urban Development presented the results of their Phase 2 downtown master planning to San Angelo's City Council on 3-17-15. The city chose not to post this on their website with Council Agendas, Background Packets and Presentations. Thus, I posted it here.
Sebastian Tibenham and Richard Cook, Pegasus GroupPlace North West
Sebastian Tibenham, executive director, and Richard Cook, associate at Pegasus Group look at the Liverpool City Region economy, the Local Plan and progress towards housing targets, at the Place North West Merseyside Development Update on 16 November 2017
Merseyside Development Update: Mark Kitts, Liverpool City CouncilPlace North West
Mark Kitts, assistant director of regeneration at Liverpool City Council, gives an update on the regeneration of North Liverpool at the Place North West Merseyside Development Update on 16 November 2017
Regulatory Requisites & Development Cost Analysis in Bangalorepiasi sinha
Regulatory requisites & development cost analysis are the two key components in the development cycle of a real estate project.This presentation covers these components and gives an insight to help key stakeholders throughout the project life cycle.
Fundamental Analysis of Dayang Enterprise Holdings Berhad by L. C. Chong
https://lcchong.wordpress.com/
https://www.facebook.com/groups/285121298359919/
2014 NAIOP Real Estate Challenge Proposal - Gas Works Flatsehadden
The University of Washington has organized a team of graduate students to study various development scenarios for 1900 N Northlake Way, Seattle, WA. This proposal represents an opportunity to build on what's existing to transform a key site in Wallingford and create enduring value without a large footprint.
Keppel Corporation 3Q & 9M 2021 Business Update Slides
Development Proposal Shanghai Group 2
1. Daniel Armstrong, Luke Binns, Ernesto Correa,
David Hook, Jess Rawlings, Nicole Mang-Nduka
2.
3. • Key Deliverables
• Putting Plans into Action
• Existing Site Conditions
• The Concept
• Build Costs / Time Scales
• The Bottom Line
• Investment Summary
4.
5. • 18% > Internal Rate of return (IRR)
• 16% ROI on Gross Development Value (GDV)
• Strength of title
• Profitability an potential for growth
• Address site constraints
• Barriers to entry
6.
7. The Master Plan envisages for Shanghai are stated below:
• a) To become a world economic centre in financial, trading and
commercial terms, and a shipping centre by 2020.
• b) To incorporate the urban development of Shanghai with the
development of the entire Yangtze River Delta and even
Yangtze Economic Zone (from a regional perspective);
• c) To rationally restructure the allocation of resources,
population distribution, and infrastructure development;
• d) To sustainably coordinate the development of the economy,
society, population, resources and environment; and
• e) To produce a functional environment for living, working and
recreation
8.
9. Longwei Creek enlists 4 of the 8 requirements.
• Promote the regional development strategy
• Establish an industrial structure led by service economy
• Guarantee and improve livelihood
• improve social construction and management
• improve the urban environment
• promote reform and opening up
• Improve the soft power of urban culture
• Promote Government self-improvement
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20. • Cost Assumptions:
• All costing information and values have been taken from
Langdon Seah Construction Cost Handbook for China and Hong
Kong 2015
• All of the construction costs have been created in RMB currency
• It is assumed that all sustainability measures to achieve a 3 star
Green Label Certificate have been included with the larger
percentile costing bracket
• Included with the larger bracket costing percentile covers for all
mechanical & Electrical services, hydraulic services where
required, fire services and lifts / escalators
36. Market research
The potential uses looked into:
Office
Retail
Residential
Hotels
Retail and residential are the viable options for the location.
37. Finance
There is a limit of 30% maximum FDI imposed when doing business
in China
Cost of Borrowing is 6.5%
Unknown taxation system
Potential Investment vehicle
38. The school is moved from its existing location
Scenario 1: Residential block and achieving 3 Stars in the CBGS
Green Standard
Scenario 2: Residential/retail block achieving 3 Stars in the CBGL
Green Standard
Scenario 3: Residential/retail block and achieving 2 Stars in the
CBGS Green Standard.
39. The School remains in its existing location
Scenario 4: Residential block and achieving 3 Stars in the CBGS
Green Standard.
Scenario 5: Residential/retail block achieving 3 Stars in the CBGL
Green Standard
Scenario 6: Residential/retail block and achieving 2 Stars in the
CBGS Green Standard.
40.
41. • Mixed use development of Residential and recreation keeping
the school in its existing location.
• Initial investment of RMB 2.3bn
• IRR: 18%
• Profit on Costs: 137%
• Profit on sale of land 10 years from now: RMB 13.2bn
42. Summary Appraisal 4
Currency in RMB
REVENUE
Investment Valuation
Redisdential (Plot 1)
Current Rent 520,353,792 YP @ 7.00% 14.2857 7,433,625,600
Residential (plot 2)
Current Rent 290,233,440 YP @ 5.00% 20 5,804,668,800
13,238,294,400
Income from Tenants
Redisdential (Plot 1) 3,252,211,200
Residential (plot 2) 1,813,959,000
5,066,170,200
NET REALISATION 18,304,464,600
OUTLAY
ACQUISITION COSTS
Residualised Price (0.97 Ha 1,234,346,378.24 pHect) 1,197,315,987
CONSTRUCTION COSTS
Construction m² Rate m² Cost
354,494,424
PROFESSIONAL FEES
265,870,818
MARKETING & LETTING
162,117,446
DISPOSAL FEES
463,340,304
FINANCE
Total Finance Cost 1,727,034,632
TOTAL COSTS 7,715,117,856
PROFIT
10,589,346,744
Performance Measures
Profit on Cost% 137.25%
Profit on GDV% 79.99%
Profit on NDV% 79.99%
Development Yield% (on Rent) 10.51%
Equivalent Yield% (Nominal) 6.12%
Equivalent Yield% (True) 6.36%
IRR 18.00%
43.
44.
45. • The site is a viable investment
• The next step is to contact the Local Government to discuss the
school
• We also need to contact an expert to discuss taxation issues
• The best value for the site is pure residential with mixed use
based on a sale 10 years from now.