Managing construction finance risk in the UK: what funders should be looking for

Abstract

With the globalisation of the finance market, banks and funders are moving further afield. Coupled with the current UK market as it struggles to overcome the current economic downturn in the commercial property sector, the role of the project monitor is looking beyond the UK and more into the international arena. The skills and reporting techniques are the same, whether a development is in the UK or is international, and the need for someone to ensure that the interests of banks and funders are looked after is the same, whether the transaction involves a hotel development in Greece or an office development in London. Copyright © 2004 Henry Stewart Publications