International real estate development

International property development is the process of doing work on land or buildings to improve them or change their use and so increase their value in a country that is not your own.

Property development can therefore run from the smallest of projects – for example, taking a small, run-down house and refurbishing it to sell at a profit – to a large-scale green field development of 1,000 units or more.

It can also include buying land and then working to change the use of that land to a more profitable use: for example, changing agricultural land to building land.

Some companies engage in international property development with a view to building up a portfolio of properties that they can let (rent out) rather than immediately sell at a profit.

Considered as a growth lever for many of the world's economies, international property development activity remains attractive despite its exposure to certain challenges such as the political stability, the working legal system, the lack of quality manpower, the land and materials costs, the ability to sell at a significant profit, to name a few.

At Challenge & Strategy, we understand the challenges associated with this sector and we work closely with developers to mitigate risks and capitalize on business opportunities in residential, commercial and industrial real estate.