21 December 2021
What is the best time for retail to start construction
Due to rising construction costs of warehouse complexes retailers have chosen to pursue such projects themselves. Alexey Romantsov, Investment Director at Radius Group, told Logirus when this choice turns to be the right one.
“Saving on a developer in construction projects is false economy,” Alexey says. “With relatively simple configuration of a building, warehouse construction may seem to be an easy task. Yet, such projects have long ceased to be merely a floor, walls and a ceiling. Today, every warehouse is a complex advanced building construction of which requires experience, well-qualified team and fundamental understanding of the challenge.”