Description of complex components of the early real estate deal with a developer's perspective, including a feasibility study, the choice of the market, the acquisition of land, project, design and construction issues, investment income, as well as equity financing. Thirty-two-year-old Dr. Philip von Wilmowsky is the director of the Hungarian operations ECE Projektmanagement, a German conglomerate of real estate development. He worked for two years to develop the 30,300 square meters (m2), 75 million Eurodollar shopping complex located in Gyor, Hungary. Allows students to analyze the viability and attractiveness of the project and perform calculations on the draft declaration (including co-investors returns), cost analysis, sensitivity analysis, the composition of the leasing income and structured credit. "Hide
by Arthur I Segel, Vincent Dessain, Anais Loizillon Source: Harvard Business School 23 pages. Publication Date: 20 August 2003. Prod. #: 804021-PDF-ENG