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With no rebound on the horizon, developers organize in the face of the crisis

Ready for the new cycle ahead, promoters adjust their strategies
Recent years have been difficult for all real estate developers<b> </b>(Adobe Stock/jajuji)
Recent years have been difficult for all real estate developers (Adobe Stock/jajuji)

Translated from French.

The last few years have been difficult for all real estate developers, who have seen their sector become entangled in a double crisis of supply and demand. Faced with an order book that has melted away like snow in the sun, and hopes of a short-term rebound seeming unrealistic, the property development sector is reviewing its copy in various ways, and learning to negotiate a new paradigm.

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