Colliers International provides consulting services to determine the most efficient use of a commercial real estate site. Our custom-tailored solutions for land development both minimize project costs and ensure high, long-term profitability.

The concept is aimed at enhancing project effectiveness (measured against such parameters as Internal Rate of Return, IRR, and Net Present Value, NPV) so that the investors obtain the best and most effective use of a developed land plot. Our process of highest and best use analysis goes through the following major stages:

• Market analysis;

• Shaping various land development concepts (including mixed-use developments);

• Estimating costs and selecting the preferred option of land development out of all available options based on profitability estimates.