Company Insights
Andrew Newlands is the founder of Omni Development Partners, an end-to-end property advisory company. We recently caught up with Andrew to talk about the mounting pressure of material and supply issues; increasing costs and labour shortages - and how these pressures are impacting project development funding and success rates.
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With the increasing number of non-banks in the development space, it’s prudent for developers to understand what each may offer and require.
Our senior manager, Dan Bolstad, asked Joe Zhou, founder of OZAC Architects about his perspective on successful projects.
A lot is being made of the current market conditions and the impact that this is having on development projects as well as the overall demand for housing.
Over the last 12-18 months, a range of factors have emerged that are shaping the direction of property development financing.