Work

Crucial factors for decision-making in international real estate development projects: Evidence from Chinese developers

Year: 2024

Type: article

Abstract: This study aims to investigate the crucial factors influencing decision-making in international real estate development projects. The identification of these factors was initially derived from a comprehensive literature review and further refined through expert input from Chinese real estate developers. Subsequently, questionnaires were administered to these experts in three focus groups. The key determinants for decision-making in international real estate development projects were identified as follows: political stability condition of the host country, international diplomatic relations between the host and home country, macro-economic situation of the host country, maturity of real estate market in the host country, project financing, and international experience of the enterprise. The most significant categories encompassed political, economic, and project factors. This study addresses the scarcity of literature on international real estate development, with a specific focus on developers originating from developing nations. It has the potential to enrich the discourse surrounding international real estate practices and contribute valuable insights for future academic investigations.

Source: Ain Shams Engineering Journal

DOI: 10.1016/j.asej.2024.103120

Authors: Ran Gao, Hao Wang, Yiwei Qi, Yulong Li, Shiqi Zhang

Language: English

Topic: Real estate and construction management

Subfield: Architecture

Field: Engineering

Domain: Physical Sciences

SDG: Partnerships for the goals

Open Access status: gold

Estimated APC paid: $860

Funders: National Natural Science Foundation of China, Central University of Finance and Economics, Beijing Municipal Social Science Foundation, Humanities and Social Science Fund of Ministry of Education of China