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12.20am 2nd November 2005 - Courses

Golf course development is a growing business across the world. International experience proves that, especially when combined with real estate and/or tourism development, a golf course can offer an exciting investment opportunity. As such, comparable primary information on golf course development costs can prove to be invaluable when thinking strategically about golf development.
KPMG’s Travel, Leisure and Tourism Practice has prepared a study of golf course development costs in Europe, Middle East and Africa (EMA) entitled ‘From North Cape to Cape Town’
The research aims to provide investors, developers and other industry stakeholders with a better understanding of the factors influencing the construction of golf courses, typical development timing and the process of selecting golf course architects and construction companies.
The results of the survey, which was sponsored by Nicklaus Design and Robert Trent Jones II, were presented to delegates at the KPMG Golf Business Forum 2005 in Prague and received a positive response.
If you would like to take advantage of this special offer to readers of Golf Business and receive a copy of the survey in electronic format just send your request by e-mail to with the words ‘Development costs’ written in the subject box. The report will be sent to you as an Adobe Acrobat document.


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