DevelopmentLink Risk Management Strategies
“It is of paramount importance to us as directors of DevelopmentLink Pty Ltd that risk is managed with the utmost skill and diligence to ensure optimum returns to all shareholders”
We have identified and addressed all areas of risk associated with property development. Accordingly, our projects enjoy a lower risk profile for the following reasons.
- We select sites in high demand locations.
- We design, build and price for product-specific markets whose needs we endeavor to thoroughly understand.
- Our main building contractor affiliate company, Atlen Construction Pty Ltd, is a leading Australian construction contractor ensuring that construction standards are of the highest level.
- We have a strong, fully licensed building capability within our organisation and thus we are able to take over immediately should a contractor collapse.
- Our extensive construction experience and skills allows us to ensure that jobs are priced accurately and honestly, the contract is managed properly and that all design elements are thoroughly planned, analysed and engineered to achieve the most cost-effective results.
- Marketing of completed apartments is undertaken by a joint venture affiliate, Grace Property consultants, an independently owned marketing sales and leasing agency
- Where appropriate we market our residential developments “off-the-plan” during the construction phase. Our marketing system now includes significant “off-market” sales directed to a large investor base through our affiliations with financial planning and real estate organisations.
- Furthermore, our joint-venture alliances can provide us with a leading edge to the marketing of premium residential property.
- Equally, where a joint venture partner is a bank or other financial institution, such alliances can provide us with the leading edge to the sourcing and optimum structuring of project funding.
- We enjoy excellent relations with our project bankers. Due to the longevity of our company and its successful track record, our financiers are quick with approvals are flexible in their loan management.
- Our bankers regard us as experts in the management of risk and are therefore very willing to be involved with funding our projects.
- Our architects, engineers, town planners and various other professional consultants are among the best in the field.
- We enjoy priority service from them as a result of strong ties after 30+ years of working together for mutual success.