The Perception and Management of Risk in UK Office Property Development

  title={The Perception and Management of Risk in UK Office Property Development},
  author={Peter Fisher and Simon Robson},
  journal={Journal of Property Research},
  pages={135 - 161}
Risk is an ever‐present aspect of business, and risk taking is necessary for profit and economic progress. Speculative property development is popularly perceived as a ‘risky business’ yet, like other entrepreneurs, developers have opportunities to manage the risks they face; techniques include phasing and joint ventures. The associated areas of investment portfolio risk, development risk analysis and construction risk management have all been addressed by research. This article presents new… 

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