The Urban Developer presents a virtual course exploring how developers, owners and professionals can manage rising project costs.

The session will commence with a forecast of construction costs nationally and then explore development strategies, legal considerations and funding implications. 

Given the growing risk associated with an ever-increasing inflationary environment, this is an essential course for the development industry. 

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Course Outline

1. Cost Escalation Forecast for 2022

Geographic forecast

• Queensland
• Victoria
• New South Wales
• National

Sector-by-sector forecast

• residential (multi-unit and home building)
• commercial / retail / industrial

Considerations for developers

2. Development Management Considerations

• due diligence and acquisition
• feasibility and financial planning
• authority liaison and approvals
• consultant selection and management
• contractor procurement strategies

3. Construction Law and Contracts

• the legal framework
• construction contract types
• contractor procurement methodologies
• developer / contractor negotiation
• contract terms and cost sharing mechanisms
• risk management considerations
• dispute resolution mechanisms

4. Property and Construction Funding

• lender appetite and approach to risk
• debt structuring models
• funding costs
• loan terms and covenants
• contingency metrics
• sponsor and project risk assumptions
• documentation requirements

The presentations will be followed by an interactive Q&A moderated by Adam Di Marco, founder and CEO of The Urban Developer.