Premises For Buildng A Land Bank By Developers

Kania Katarzyna ()
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Kania Katarzyna: Faculty of Real estate Economics and Investment Process Cracow University of Economics

Real Estate Management and Valuation, 2014, vol. 22, issue 1, 36-43

Abstract: In a development project, land is the key factor of production. The concepts of its identification, selection and development are fundamental to the pre-investment phase. The purpose of the article is to present a definition of a land bank and identify the factors which have an impact on creating land banks by developers. If the length of time between the actual acquisition of land and the commencement of construction work is difficult to predict, developers will increase the size of their land banks. The author assumes that one of the most important premises for developers to accumulate land resources is the land development system which creates land availability.

Keywords: land; land banks; developer; land development system (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:remava:v:22:y:2014:i:1:p:8:n:5

DOI: 10.2478/remav-2014-0005

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