Land Economist
Land economists provide advice on the administration and use of land and property such as office buildings, shopping centres, blocks of flats, factories, hotels, resorts and farms.
Land economists may perform the following tasks:
- advise on the best method of sale (e.g. leasing proposals, purchase of property), improvements in property presentation, and arrange the sale
- advise on the leasing of new premises, such as space requirements, the best geographical location and the costs involved, and negotiate with landlords
- develop and implement a marketing strategy for investment properties and negotiate with tenants
- collect and research information on property and write comprehensive reports
- prepare feasibility studies, carry out market research, evaluate the risks and returns of property developments and manage the project
- provide advice on financing property investment, and on achieving the best return for an investment property or group of properties
- advise on different types of property investments including property trusts.
Specialisations:
Land economists may specialise in property areas such as industrial, commercial, rural and retail, or in property research or property investment analysis.
Land economists may coordinate a team of professionals including accountants, architects, financiers, builders, real estate agents and property marketers for a property project.
Personal Requirements:
- good communication skills
- leadership qualities
- aptitude for mathematics and computers
- sound judgment and analytical skills.
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