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Professional training course · CM-038

Real Estate Development Feasibility and Financial Viability

Many development projects run into difficulty because the original feasibility study was optimistic, incomplete or never properly tested. A rigorous feasibility process…

  • 5 daysClassroom
  • 14Upcoming dates
  • 6Cities
  • £2,850Fees from

Course overview

Why Attend

Many development projects run into difficulty because the original feasibility study was optimistic, incomplete or never properly tested. A rigorous feasibility process protects capital, improves design decisions and strengthens the case with investors and lenders.

This course takes participants through a complete development feasibility study, from site and market analysis to the development budget, phasing, financing and viability testing. Participants learn how to judge whether a project is worth pursuing and how to present the results with confidence.

Course Objectives

Structure a complete real estate development feasibility study

Analyse sites, planning constraints and market demand

Prepare a development budget covering land, construction, fees and finance

Assess development profit, return on cost and IRR

Test viability through sensitivity analysis and phasing options

Present a clear go or no-go recommendation

Target Audience

Development managers and project directors

Real estate investment and planning professionals

Architects, engineers and consultants involved in development

Finance managers in development companies

Government officers who assess development proposals

Course Methodology

Expert briefings on each stage of a feasibility study

Spreadsheet exercises to build a development appraisal

Case studies of successful and unsuccessful developments

Group work on a complete feasibility study

Final presentation of feasibility findings

Course outline

  1. 1Day 1: The Development Process and Feasibility
    • Stages of real estate development
    • The purpose and scope of a feasibility study
    • Stakeholders: landowners, investors, lenders and authorities
    • Common causes of development failure
    • Setting the feasibility framework
  2. 2Day 2: Site and Market Analysis
    • Site analysis: location, access, constraints and utilities
    • Planning, zoning and permitted uses
    • Market research: demand, supply and competition
    • Defining the product mix and target customers
    • Pricing and absorption assumptions
  3. 3Day 3: The Development Budget
    • Land acquisition costs and transaction fees
    • Construction cost estimating
    • Professional fees, permits and contingencies
    • Marketing and sales costs
    • Finance costs and the development timeline
  4. 4Day 4: Viability and Returns
    • Gross development value and development profit
    • Return on cost, profit on value and IRR
    • Phasing and cash flow over the project life
    • Sensitivity and scenario testing
    • Residual land value and maximum land bid
  5. 5Day 5: Decision and Presentation
    • Risk assessment and mitigation
    • Funding structures and lender requirements
    • Writing the feasibility report
    • Case study: full feasibility and recommendation
    • Personal action plan

Schedule

Dates and fees

14 upcoming dates in 6 cities. Fees are per delegate; bring colleagues and every seat is discounted.

All dates as PDF
November 2026
16NOV 16 - 20 Nov 2026Mon to Fri · 5 daysNext session
Italy flag RomeItaly · Classroom
£4,250per delegate2+ people: £3,400 each
December 2026
7DEC 7 - 11 Dec 2026Mon to Fri · 5 days
Turkey flag IstanbulTurkey · Classroom
£2,850per delegate2+ people: £2,280 each
January 2027
11JAN 11 - 15 Jan 2027Mon to Fri · 5 days
Spain flag BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
February 2027
8FEB 8 - 12 Feb 2027Mon to Fri · 5 days
Switzerland flag GenevaSwitzerland · Classroom
£5,250per delegate2+ people: £4,200 each
March 2027
8MAR 8 - 12 Mar 2027Mon to Fri · 5 days
Germany flag MunichGermany · Classroom
£4,250per delegate2+ people: £3,400 each
April 2027
12APR 12 - 16 Apr 2027Mon to Fri · 5 days
Netherlands flag AmsterdamNetherlands · Classroom
£4,250per delegate2+ people: £3,400 each
May 2027
10MAY 10 - 14 May 2027Mon to Fri · 5 days
Turkey flag IstanbulTurkey · Classroom
£2,850per delegate2+ people: £2,280 each
June 2027
14JUN 14 - 18 Jun 2027Mon to Fri · 5 days
Italy flag RomeItaly · Classroom
£4,250per delegate2+ people: £3,400 each
July 2027
12JUL 12 - 16 Jul 2027Mon to Fri · 5 days
Turkey flag IstanbulTurkey · Classroom
£2,850per delegate2+ people: £2,280 each
August 2027
9AUG 9 - 13 Aug 2027Mon to Fri · 5 days
Spain flag BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
September 2027
13SEP 13 - 17 Sep 2027Mon to Fri · 5 days
Switzerland flag GenevaSwitzerland · Classroom
£5,250per delegate2+ people: £4,200 each
October 2027
11OCT 11 - 15 Oct 2027Mon to Fri · 5 days
Germany flag MunichGermany · Classroom
£4,250per delegate2+ people: £3,400 each
November 2027
8NOV 8 - 12 Nov 2027Mon to Fri · 5 days
Netherlands flag AmsterdamNetherlands · Classroom
£4,250per delegate2+ people: £3,400 each
December 2027
13DEC 13 - 17 Dec 2027Mon to Fri · 5 days
Turkey flag IstanbulTurkey · Classroom
£2,850per delegate2+ people: £2,280 each

Questions

Frequently asked questions

How long is the Real Estate Development Feasibility and Financial Viability course?

The course runs over 5 days of classroom training, usually Monday to Friday.

When is the next Real Estate Development Feasibility and Financial Viability course?

The next public date is 16 - 20 Nov 2026 in Rome. There are 14 upcoming dates in total.

Where is this course held?

Upcoming sessions run in Rome, Istanbul, Barcelona, Geneva, Munich, Amsterdam.

How much does the course cost?

Fees start from £2,850 per delegate, depending on the city. Fees include tuition and course materials.

Do participants receive a certificate?

Yes. Delegates who complete the course receive a London Leadership Management Innovation certificate of completion.

Can this course be delivered in-house for our team?

Yes. LLMI can tailor and deliver this course privately for your organisation at your premises or in one of our training cities.

Course information last updated 14 November 2026.

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