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Not sure how often this is the case with innovation centres, but many real estate developments take advantage of specific policies to secure backing for their p
by Kgas84 10y ago
Not sure how often this is the case with innovation centres, but many real estate developments take advantage of specific policies to secure backing for their projects. By including 'Innovation centres' they might be able to get land use rights, secure debt financing etc. for their project even if 80+% of the m2 is actually office, residential, retail. Whether this creates a real estate bubble depends on how well the other parts of the project do in the market.