Isnt commercial real estate a rather volatile asset from a valuation and occupancy perspective?
In order to avoid these problems, our team carefully select projects in the most promising locations with stable demand. We define best use objects in order to reduce the vacancy of areas and offer market what it needs. And we are working with potential tenantries to fill the vacant space in a timely manner.
What type of metrics are you reviewing to ensure stability? Do you believe commercial real estate has been on the rise or decline over the last decade? Why would your properties remain occupied in down economic times?