The Relationship Between Creative Industries and Real-estate

Posted: March 18th, 2009 | Author: | Filed under: creative industries | Tags: , | No Comments »

Creative industries and real-estate are closely linked. There is an interactive relationship between them. Creative enterprises should integrate together to form an industrial chain which includes design, production, manufacture and distribution for further development. However, it depends on the developments of infrastructure. A reasonable cost of real-estate is a necessary foundation. At the beginning, the creative enterprises (especially small and medium-sized enterprises) are spontaneous and gather in some places. These places often have low rents and the relatively convenient transportation. So the real-estate is the foundation for the development of creative industries. The creative industries also contribute to the value of real-estate. The development of creative industries will bring many enterprises and elite together. It will raise the value of the real-estate. How to make creative industries combine with the real-estate effectively should be taken into consideration. I suppose that the governmental policy is significant.