Values

The guiding principles of the 6B47 Group are transparency and professionalism in all business areas.

They guarantee that all development projects serve both, the business partners and the customers of the company likewise. This is how 6B47 caters for long-term yield to investors and shareholders.

To answer to the question what causes a property to be of high value (or also to retain its value) it might help to look back: Until the 1970ies urban planning was determined by the development of new traffic routes and the mobility by cars, hence, this marked also property development and urban areas.

To a significant extent, architecture for people was subordinate to the needs of automotive mobility. Even though the developments of that time still may achieve high prices, the question arises in how far they have still the same value?

VALUES CREATE VALUE

Parameters are shifting. The human being has become the focus of all developments. For some years now, cities have faced a strong trend to urbanization and migration. Living space has become scarce, prices for renting and properties are constantly increasing. New possibilities of development are limited which is a particular disadvantage for apartments in the cost-effective segment.

ONLY SUSTAINABLE PROJECTS KEEP THEIR VALUE

Among other things the world of politics tries to counteract by means of so-called urban development areas. In the coming years it is expected that project development for living space follows two main principles: densification and increase of height.

The question is whether there will not develop an irresolvable contrast between financial value and values in future development projects, that is to say that an orientation towards other parameters. 6B47 is convinced that only those projects will retain their value on the long term which, as a foundation, had values.

LIVING A LUXURY GOOD?

Will soon only top earners be able to afford a city-center property of their own? In a few big cities this trend is already clearly visible. To counteract against this trend, a moderate densification such as erection of residential towers could be a solution when it comes down to breaking up the contrast between financial value and values.

UP-TO-DATE CONCEPTS FOR LIVING BY MEANS OF INTELLIGENT PROPERTY DEVELOPMENT

However, project development must not lead to sterile, high-raised residential bunkers. It has to take up the naturally grown environment of a city in a functional manner, carry out moderate densification and thoroughly combine open spaces with the solutions of a “new” urbanism.

Property development should meet the challenges of a big variety of requirements with respect to up-to-date concepts of living (e.g. job-related mobility) considering furnishings, architecture and alternative ways of use.

To be more precise: If someone is not at home from Monday to Friday due to the work, there is no need for a huge high-end kitchen in a one-room apartment. In this case it could be more important to dispose of an infrastructure with different supply and leisure time offers, or even a small balcony. Ideally, the project developer should have a financial profit if he can offer the user this very specific package.