Chasing the black swan away

Tomasz Cudowski, ‘Eurobuild CEE’: How has the residential and office market changed in your view over the last six months? Has the current situation altered the company’s strategy when it comes to engaging in specific sectors? Raied Tanous, CEO, Asbud Group: Covid-19 has undoubtedly left an indelible mark on the entire real estate market. The changes it has brought about will accelerate the trend towards sustainable and innovative solutions. It will require a great deal of flexibility to adapt in this changing situation. Given the negative impact on the economy and the ongoing corporate pressures to cut costs, including by reducing office space, we can clearly see that there is a new international trend for working in home-office mode, which may negatively impact the demand for office space and rental rates to a certain extent. It will also lead to a kind of increase in demand on the residential market, which is our primary focus. The current circumstances have stren