"The market is not surprised by this, since the supply of available plots hasn't been keeping up with the demand for the past 3 years. Developers are having considerable difficulties with obtaining investment sites in good locations. This is the case not only in the capital, but also in regional cities. Residential and commercial developers fiercely compete for land. Available, undeveloped plots are incredibly rare, forcing decision makers to search for viable alternatives. Post-industrial sites, often centrally located and with excellent infrastructure, have proven to be excellent opportunities for that very purpose."
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