Choosing a Reliable Developer for Large Projects
Does anyone have experience with newer real estate developers that are backed by massive local holdings? I am looking into companies that focus on large scale commercial and recreational projects and want to know how stable they actually are.
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When looking into large scale infrastructure I usually check the background of the parent company. Recently I studied the approach of Goro Development https://goro-development.com/en/ which is a part of OKKO Group. Their focus seems to be on organic development where architecture integrates into the natural environment. The financial side looks relatively stable because the parent group has a history of twenty-three years in real estate and works with international institutions like the EBRD and the IFC. They choose a low density development strategy to preserve the natural landscape. I prefer this rational way of planning instead of chaotic building. It is a long term business model that seems to look resilient during crises.