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The Typology of Land Developer’s Activity in Poland

Author

Listed:
  • Katarzyna Kania

    (Uniwersytet Ekonomiczny w Krakowie)

Abstract

Developed real estate markets distinguish developers working both in the residential and commercial segment (office, retail, warehouse, etc.) as well as land developers. Land developers are focused on activities which increase the value of land by preparing it for investment (the purchase of land, transforming it into building land, merging or division of land into smaller parcels, utilities, and the final sale to other developers). In Poland the current market factors have not forced such a far-reaching specialization of development activity but it exists. The aim of this study is to attempt to correlate the various players undertaking investment activities on land, taking into account the differ intentions of investors, real estate determinants and, above all, expected effects which translate into an increase in land value. The proposed typology of land developers is open and, therefore, not exhaustive, it was carried out in order to systematise the players active on the real estate market treating land as an investment. Therefore, the hypothesis put forward is that actors carrying out investment activities designed to lead to the preparation of development land are varied due to the manner and scope of activities, and that land developers are an important supplier of land to further development.

Suggested Citation

  • Katarzyna Kania, 2017. "The Typology of Land Developer’s Activity in Poland," World of Real Estate Journal (Swiat Nieruchomosci), Fundacja Uniwersytetu Ekonomicznego w Krakowie, issue 99, pages 27-34, March.
    • Handle: RePEc:kra:journl:y:2017:i:99:p:27-34
    DOI: 10.14659/worej.2017.99.05
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    More about this item

    Keywords

    land developer; land; developer; investment project;
    All these keywords.

    JEL classification:

    • R38 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Government Policy

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