Mixed-use developments are the way forward

Mixed-use developments are the way forward
Mixed-use developments are the way forward for many developers in the region. In the more mature markets of Western Europe, complex city-in-the-city developments have long played a decisive role, and this approach has now arrived in Central Europe. From the developer’s point of view, this model is really about diversification and therefore risk reduction, as it reduces exposure to one sector. The central element of almost all large-scale developments is the residential function. Here, the business model is typically different from that of commercial real estate: on average, most of the apartments are sold, in good times often off-plan.