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Day Two
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Day Two

 

Yesterday, I mentioned that I started to read the book which was called "Realty Development." Today, I will talk about more about the basic information of the book. Real estate development: it's a business filed which combines a variety of materials together to provide owners with buildings. The materials include land, funds, labor and so on. There are some different kinds of developers, including personal owner, real estate development companies, investment companies and so on. The personal owner's development purpose is mainly for private use. The purpose of the other two is to earn direct economic benefits. There are four processes of doing the development. First, decision investment analysis. Developers should analyze if their investments benefit them before they put into effect, which is the most important process. Second, prophase work. After the first step, the developers should also consider some specific reasons which could impact their investments, such as quality of the land, land use right, etc.Then, the developers can truly put into effect. Finally, leasing stage. The developers can rent out the buildings such as commercial buildings, hotels, retails, etc. I will keep reading the book.

 

I was preparing for the meeting tomorrow. I've known there are around ten people in the company. Most people are Chinese, and the rest of them are Canadians and foreigners. The company covers an area of less than 200 square meters. I will keep learning the information of the company.

 

Have a good night!

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