How land readjustment creates value for landowners
Example: one hectare of agricultural land near Dublin
Current land value per hectare
€60,000
Permitted units per hectare
130
Land's % of gross development value
20%
% land used for infrastructure
30%
% land sold to pay for infrastructure
15%
Years to sale
5
Land value per ha
—
Return to landowners (IRR)
Annualised over
5
years
—
Infrastructure costs recovered
Through reserve land sales
—
Land value uplift