Not all projects related to real estate had the idea of development in all countries at the same time.
I think for the development of such a project requires not only the idea to buy real estate from scratch, but to have good developments on this issue.
for example, already have several facilities in a particular country, and receive income from this.
And to pursue the IKO for the expansion of this business.
and you start from scratch, it's long and hard to do.
Both CEO own real estate in Switzerland. My old real estate (in posess since 2013) is actually in rebuilding and then will be rented out again.
I have good experience in mortages and maintenance. Actually more experience is been added. (because of the rebuilding)
Of course it would not be easy to do, but with our existing experience we are optimistic to look in a bright future.
Jakob Hürlemann