Real Estate Finance and Economics: A Guide to Securing Finance for Real Estate Project Development in Developed and Emerging Economies

Finance is essential to the real estate project development sector’s success. However, there is still an enormous gap in the real estate sector. What seems to be required is a model that could guide managers in securing real estate project development finance.

Findings have shown that no comprehensive framework is presently available. This book presents a toolkit to support real estate managers in securing real estate project development finance. The book will help managers to understand the different financing options and criteria required by financiers. The study includes case studies from developed and emerging economies, including Germany, the United Kingdom, the United States of America, China, Nigeria, and South Africa. The author concludes that the dominant challenges common to managers in both economies are access to land, collateral, and rising interest rates.

Lucy Ogbenjuwa is a Lecturer at the London South Bank University (UK), where she teaches Project Management and Finance. Lucy worked in the banking sector for 12 years before moving to academia. Her research focuses on project management and real estate’s finance and economics.