Renew yourself

Why would a fairly well-known real estate company invest in an industrial park? Are they expanding their business, or are they cutting ties and no longer focusing on housing?

- That's nothing new lately. Residential real estate sales have plummeted, causing real estate companies' profits to fall. They've assessed the market and quickly shifted their focus to industrial real estate. This segment still promises good growth in the coming years. The reason is that the demand for factory construction in industrial zones remains high.

So, it seems that not only foreign companies, but also domestic private businesses are willing to invest in manufacturing. But will businesses only familiar with the housing sector be at a disadvantage when venturing into something completely new?

- One way to overcome this challenge is for them to partner with established names in the market. Another approach is for residential real estate companies to acquire companies currently developing industrial parks. Such options shorten the exploration period and generate revenue and profits sooner.

- Market forces always create the impetus for change. Even in difficult times, businesses refuse to be constrained. Industrial real estate in this period needs renewable energy sources and smart management systems following green trends. To adapt, businesses must always find suitable ways to reinvent themselves.

TU QUEO

Source: https://www.sggp.org.vn/lam-moi-minh-post811394.html