Approach
Approach
ESMA Industry assumes the complete process of a project – from the assessment of a site to the sale of the finished property. The process lies within one responsibility.
Phases
Five phases
The phases follow one another. No phase is skipped.
Site analysis
Identification and assessment of sites with development potential. Location, building law, market environment and access are examined before any commitment is entered into.
Project development
Development of use, architecture and economic viability of a project. Variants are compared and documented so that decisions remain traceable.
Financing
Structuring together with financing partners, investors and banks. The financing structure is defined per project.
Realisation
Construction with architects, engineers and contractors. Costs, deadlines and quality are monitored continuously.
Sale
Sale of the completed properties and apartments. Responsibility for the project does not end with handover.
Principles
Principles of execution
Four principles apply in every phase.
Binding
- Each phase is completed before the next begins.
- Decisions are documented and reasoned.
- Costs and deadlines are communicated openly to partners.
- Mistakes are named and their causes analysed.