Publications

- July 1, 2009: Vol. 3, Number 7

To read this full article you need to be subscribed to Institutional Real Estate Europe

Mixing It Up

by Alexis Petrakis

Headlines continue to flash yellow, cautioning real estate investors on the perils of investing in both mature and emerging markets. Certainly, the risk-averse attitude that is prevalent among lenders and investors poses a stark contrast to the heady days of 2006 and 2007. This attitude, not to mention a dearth of capital, is particularly troublesome for the development community. Despite the precarious health of banks and a forecast for continued economic contraction across Europe, however, many mixed-use schemes have retained their appeal and appear to be moving ahead.

Mixed-use developments are still very much relevant today, confirms Katie Kopec, lead director of Jones Lang LaSalle’s development and asset strategy team. She thinks mixed-use has advantages over single-asset-type projects, and thus has a greater likeliho

For reprint and licensing requests for this article, Click Here.

Forgot your username or password?