The information on this website is general in nature and does not take account of your objectives, financial situation or needs. It is not financial product advice, and it is not an offer or invitation to invest. Any figures described as target or projected are estimates only, are not guaranteed, and are subject to project documentation, due diligence and risk. Property development involves risk, including the risk of delay and loss of capital. You should obtain independent legal, financial and taxation advice before making any decision.
Risks in property development include, without limitation: planning and approval delay or refusal; construction cost escalation; contractor or subcontractor insolvency; changes in interest rates and the availability of finance; changes in market conditions affecting end values and absorption; purchaser settlement default; regulatory and taxation change; and program overrun. These risks may reduce or eliminate any return and may result in the loss of some or all capital.
Any figure described as a target, projected, indicative or forecast return is an estimate based on stated assumptions at a point in time. It is not a guarantee or a promise of performance, and actual outcomes may differ materially. Past activity is not an indicator of future performance.