Hunting time or survival strategy?

New operating conditions mean new problems, but also new opportunities. How are developers of commercial space preparing for the lean years? Are they running scared and bracing themselves for takeovers? Emil Górecki The situation on the market may be grave, but developers are trying not to panic – especially those who are working on commercial projects. They are in a relatively good situation, as the amount of free space of any type in most large cities in Central and Eastern Europe is quite low. However, one cannot believe that the situation in the real estate sector will remain as good as it has been so far. The first victims of recession are small residential developers, who were trying to obtain profits by building one or two projects for the money from advance payments from their clients. The next ones in turn are larger companies, also from the residential sector, although they usually have a much better financi