Real estate development

Process that creates or renovates new or existing spaces

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Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others. Real estate developers are the people and companies who coordinate all of these activities, converting ideas from paper to real property. Real estate development is different from construction or housebuilding, although many developers also manage the construction process or engage in housebuilding.

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Trump Envisions Gaza As U.S. Real Estate Development, Relies On Funding From "Great People" In a recent news interview, President Donald Trump reiterated his vision for the Gaza Strip, describing it as a "real estate development for the future." Trump proposed a U.S. takeover to rebuild Gaza,.. Credit: Oneindia Duration: 03:23Published 12 hours ago