property developer

Show Summary Details

Quick Reference

An individual or firm which buys property with a view to changing its use, making significant improvement, or constructing new property. Property development is inherently risky: this is partly because of the liability of the property market to large price changes, and partly because of uncertainty about obtaining planning approval for changes of use and new building.

Subjects: Economics.

Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.