At the end of the initiative phase a letter of intent with the land owner is required; the definitive purchase contract is prepared at the end of the ... These activities start in the initiative phase with the signing of a letter of intent with anchor tenants of commercial real estate. In the predevelopment phase, the project developer strives to lease 60% of the available rental floor area, up to 100% by the end of theanbsp;...
|Title||:||Knowingly Taking Risk|
|Publisher||:||Eburon Uitgeverij B.V. - 2008|