Real Estate Development Process

GLOREI has in the past as well as continues in the preset to acknowledge that the real estate
development process is a complex iterative process whereby a number of systemic units coherently and
non-coherently interact with each formative component to lead the decision making exercise. This can be
graphically illustrated as follows:

Financial

Project
Management

Political &
Legal

Market &
Competitive

Physical &
Design

The above factors are applied by GLOREI in more detail as a cumulative process of interacting systems
whereby each factor is interdependent on the other to make a real estate development a viable
possibility.
This iterative process revolves around multiple constraints and parameters such as the yield, investment
horizon, profitability from the venture, demand and supply dynamics of the market, occupier demand,
growth aspects, ready availability of product funding amongst others and can be graphically depicted
follows:

Real Estate Iterative Decision Process