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Players stay their hand on cautious real estate market

The main features of the real estate market this year seem to be prudence and a thorough analysis of each move and decision. At least so it appears judging by the plans of real estate developers and investors, as well as the still low number of new projects on the market and their size.

April 2013 - From the Print Edition

2 Photos
Retail development has slowed down in the past few years because of falling purchasing power, which has been felt increasingly in the weekly shop. While major developers with significant financial resources, who have succeeded in convincing the banks that their projects are worthy of support, have continued to invest and complete the projects they had started, development activity has decreased significantly since the period before the financial crisis.

Such players will continue to d...

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