Once the province of the big end of town, mechanisms that allow property developers to achieve more efficient commercial outcomes and avoid double tax are becoming more popular across the property sector.

Structured land purchase terms that defer income tax for landowners and allow developers to stage and sequence projects according to variable market demand are attracting attention in an uncertain market.

“Project delivery agreements were normally only used for large-scale institutional projects, but we’re now seeing a range of developers consider these agreements as a way to get into a project and create commercial outcomes without necessarily purchasing the real asset for the purpose of redevelopment,” says Pierre Wakim, partner with big four accounting firm KPMG.