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The development of major real estate or infrastructure projects poses substantial risk and uncertainty for all the stakeholders, individual private investors, public authorities and contractors alike. Limiting risk requires a clear identification and distribution of the uncertainties and a balancing of risk and reward across all partners’ interests. Moreover, as a result of the internationalisation and diversification of the financial sector, a growing range of financial products are on offer. Matching these products with the “project” demands a detailed understanding of the role of each contracting partner. Tailor-made financing solutions are the order of the day.
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