Study On Commercial Real Estate Project Risk Assessment Based On Extenics

With the maturing residential real estate development and the promulgatedmacro-control policies in recent years, the attention of residential real estate isbecoming more and more gentle. commercial real estate projects with both preservationand value-added abilities is received more attention in the real estate business. However,the development of commercial real estate projects is a complex, high return oninvestment across the real estate development and commercial operations, high-riskcomplex real estate forms. Its own property determines that the project development hasa longer development cycle and the pressure of capital chain. Hwo to evaluate the riskof investment in the development with objective and accurate to increase the chance ofsuccess and profitability of the project, is a basic question during the development of theproject.The author first reviewed commercial real estate project development and risktheory.,and Summed up the risk characteristics of commercial real estate projectdevelopment based on the characteristics of commercial real estate projects and therisks of basic elements. Subsequently,by learning theories and methods of riskassessment study of commercial real estate project development at home and abroad,combining literature and empirical research and useing project risk extension theory, theauthor identified the risks of commercial real estate projects in the development processand builded a scientific and rational commercial real estate project development riskassessment system. The author carried on evaluating the specific risks of commercialreal estate project risk using the evaluation system and measured the risk status of aspecific commercial real estate project development. At last summed up a set of riskassessment index system and evaluation methods for China’s commercial real estateproject development. To verify the practicality of paper, the author mada empiricalanalysis of risk identification and risk assessment for Zibo “Huarun colorful city”commercial real estate development based on the risk assessment model built.The purpose of this study, based on Extension Theory, risks to domesticcommercial real estate projects developed system science-based risk identification,measurement and evaluation methods; through the research results of this paper forcommercial real estate projects riskcontrol to provide quantifiable indicators system,ahead of risk response measures in the project implementation process; based on this thesis, content-based, provide a basis for the future development of commercial realestate projects risk assessment deeper.