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Mixed-use projects increasingly popular with developers – JLL

13:04

Mixed-use projects increasingly popular with developers – JLL

The supply of commercial space in mixed-use projects in Poland increased almost six-fold over the last decade, according to JLL data. Nearly half of the existing schemes of this kind are development which entailed the modernization and remodeling of historic properties. The company’s experts predict that the number of mixed-use investments in the country could double within the next five years. While mixed-use projects are challenging, developers are more and more willing to build them as they are liked by office and retail tenants. Such schemes, which often lead to the revitalization of centrally located but neglected post-industrial sites, are also developers’ response to the dwindling supply of plots in large cities.

(Warsaw Business Journal)

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