Exquisite cocktail

The turbulence on the residential market is gradually dying down. To offset the effects of the falling demand, developers are diversifying projects, adding more functions, and sometimes entirely changing their plans by taking on office projects“Homes or offices? It depends on the boom cycle” and “Location is the most important factor determining the character of an investment – the current market situation is virtually irrelevant” – two opinions, two points of view expressed by real estate experts. No matter who you believe, one thing is indisputable – developers who had previously fought tooth-and-nail over plots, are now wondering what to do with them. In the opinion of Kazimierz Kirejczyk, board president of Reas Konsulting: “Some had assumed that the upward movement of prices would last 2 to 3 more years at least and they would be able to develop more flats. The magic PUM did not figure in the established conditions for developing a