Strategic Consultancy: Development Stage
Highest and Best-Use Studies
We also conduct highest and best use studies for a range of development lands, whereby we identify what is physically possible, market supported, financially feasible, and in turn will result in the highest value and profit. The highest and best use study consists of a site analysis, economic and demographic analysis, a market review of the best suited real estate asset class, taking into account the market background, pricing trends, supply and demand analysis.
This is followed by outlining the optimal component mix in terms of high-level area allocations, developing financial assumptions and projected financial statements for each potential use and for the overall project.