The best way out is a good exit

Quite a lot has been happening recently at Develia. You have many advanced projects underway as you carry out your strategy to exit commercial developments. Which of these projects are you able to talk about? Karol Dzięcioł, the business development advisor of Develia: None of them, actually. We are still covered by confidentiality agreements – but this could change at any moment. So, in that case, can I ask how you intend to exit from these projects? In very many different ways. This could involve property sales, or even investing in a joint venture that sells the completed project. The latter approach takes longer, but is normally more profitable. We are not ruling out anything. You employ a rather unique JV model. Isn’t having two developers involved in one project one too many? Absolutely not. We have a model relationship with Grupo Lar, if that’s what you’re referring to. Together we’re working on two residential projects in Warsaw and ha