Devfeas: Feasibility Study Software and Consultancy
Devfeas Pty Ltd, as trustee for MA & JW Trust, produces and markets the computer software program Feastudy, which is for the financial feasibility study of property proposals. Devfeas also provides property development feasibility consultancy services.
Feastudy: Property Feasibility Study Software
Version 1.0 of Feastudy was released in 1988 and since that time the program has been continually developed to the present, culminating in the October 2009 update of the latest release, Feastudy Version 6.0. The principal purpose of Feastudy 6.0 Professional is to provide quick, comprehensive and reliable information in relation to the financial feasibility study of real estate developments and investments; the residual land value of development sites; and the residual value of property investments.
Feastudy has become the industry standard in property feasibility study software with major development, accountancy and property valuation companies and universities all being licensed users of the program.
Feastudy 6.0 was first released in May 2005. This version of the Feastudy program utilises the 32bit architecture of Microsoft Corporation's Windows operating systems, Win98/ME/2000/XP/Vista/7.
Mark Andrews, managing director of Devfeas and principal designer of the software, has had several years' experience as a development project manager for real estate developers and is an experienced and certified practising valuer. Mark holds a Bachelor of Applied Science in Valuation and a Graduate Diploma in Project Management, both from the University of South Australia.