Real estate projects need

Today, simply constructing a building is no longer enough. Buildings now have a life cycle.

This book is written by civil engineers for civil engineers who are professionally involved in the real estate industry. Every building is subject to a life cycle that incurs costs. These predictable costs must be taken into account during the initial planning stages. The authors provide a comprehensive, practice-oriented overview of all the key management services required for the successful planning, preparation, and execution of a real estate project.

The market for construction services has become increasingly complex in recent years. Clients are now more frequently demanding not just pure construction services, but also the provision of resources for specific tasks, budgets, and timeframes. For example, companies often no longer just tender the construction of a production plant already fully designed by an architect; they now include the planning, construction, and operation of the building and production logistics for a specific period at a fixed price.

On the government side, the scope of tasks for realizing public infrastructure—such as schools, hospitals, and toll roads—has expanded significantly. The public-private partnership model, for instance, also encompasses organizing the necessary prerequisites for construction, establishing legal and operational structures, project financing, and developing operator concepts, as well as the long-term operation of the projects. This means that a market for construction-related services and the management of construction-related processes has emerged.

This book provides up-to-date knowledge on the financing, planning, and implementation of real estate projects.