Property Development
Toyin Olatunbosun & Partners functions actively in this area which consist
broadly of real Estate Investment Appraisal and Project Management. Investment
Appraisal, services centre largely on Pre-Feasibility and Viability Studies of Project
such as Real Estate, Industrial and Commercial Investment.
The Feasibility /Viability Report prepared would normally cover the following
areas:-
– Projection description / processes;
– Description of site and service;
– Advice on management operation;
– Analysis of investment cost and financing plans;
– Market survey, demand and supply analysis;
– Commercial and financial details incorporating incomes,
expenditure and Net Operating income;
– Financial analysis and evaluation of project
– Projected Profit and Loss Account;
– Cash flow forecast;
– Projected Balance Sheet;
– Sensitivity Test and Risk analysis;
– Conclusion and Recommendation on the viability of the scheme.
Project Management on the other hand is undertaken whilst the
development of the project is in progress and will involve :-
– Advise on selection of consultants;
– Coordination of site activities;
– Reduction of development / construction time to bearest minimum;
– Elimination of wastage and supper flown expenses;
– Regular progress report
– Description of site and service;
– Advice on management operation;
– Analysis of investment cost and financing plans;
– Market survey, demand and supply analysis;
– Commercial and financial details incorporating incomes,
expenditure and Net Operating income;
– Financial analysis and evaluation of project
– Projected Profit and Loss Account;
– Cash flow forecast;
– Projected Balance Sheet;
– Sensitivity Test and Risk analysis;
– Conclusion and Recommendation on the viability of the scheme.
Project Management on the other hand is undertaken whilst the
development of the project is in progress and will involve :-
– Advise on selection of consultants;
– Coordination of site activities;
– Reduction of development / construction time to bearest minimum;
– Elimination of wastage and supper flown expenses;
– Regular progress report