In 2022, our focus was on the internal organisation,
and improving our commercial and operational
excellence. In 2023, we have shifted our perspective.
The impact of worldwide issues, inflation, increasing
rent and government policies force us to respond
to rapidly changing circumstances around us. It is
when faced with headwinds that a company shows
its strengths, and I am glad to see we are still going
strong, showing healthy bottomline results.
It is now that we profit from our strategy based
on four divisions around Real Estate, which helps
us balance all the risks around us. We are not just
developing properties with B-Right Urban Living, we
built them to then keep them in our own portfolio
under management by Plaza Resident Services.
Whilst properties await their future destination, with
Monoma we provide a temporary use that both covers
vacancy risks and costs. Finally with our security
division Watchtower we can instantly secure sites
with our mobile solutions.
The cashflow generated by our rental portfolio
allows our development team to keep realizing the
new projects. Governments across Europe are still
facing urgent housing needs, due to refugees and
newcomers arriving in our main cities. We are glad
to provide both flexible housing solutions, modular
communities that can be erected quickly and
transformation concepts that turn vacant offices,
schools and hospitals into affordable housing. From
Dublin to Helsinki and Madrid, local and national
administrations co-operate with our experienced
teams to provide co-living solutions at short notice.
Please find more detailed information on our plans
and results in this Corporate Update. We look forward
to meet with you and discuss the challenges ahead.
Joost van Gestel
Owner and founder of
Mosaic World
Welcome
Mosaic World corporate update January 2024
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