Investors’ strategies in commercial real estate have traditionally been defined by the level of risk and return they are willing to take. The development of new assets usually sits at the high end of the risk curve due to uncertainties during the construction period (delays, cost overruns, licenses, etc..) and potential changes that may occur between the initial phases of the project and after completion and marketing of the space.
Pablo Álvarez-Rendueles Head of Origination REF Spain & Portugal | ING
