colinrealestate

While we all hear stories of Toyota’s 500 year Business Plan, I have been reminded recently of the long-term planning approach commercial developers take. I’ve heard of a number of large retail and service developments, ‘Big Box’ shopping centres and so forth, that major developers have been working on for some time and notwithstanding the GFC have continued through the planning and approval process with the simple view that “It stacked up when we started down the programme and when the market settles, it will again!”
They’re right, of course. They’re also courageous, well researched and fiscally sound!  As is befitting our aging population, “Lifestyle Villages” are also being churned out in large numbers.

Filed under: REAL ESTATE | Tagged: Real Estate