Lendlease expects Reit to be resilient despite coronavirus threat

WITH more than two decades of industry experience under his belt, Kelvin Chow has come to appreciate the convergence of art and science in real estate.

"Traditionally, in the area of lease management, the key requirement was just to lease the property out, get a good price, and manage its risks," said the chief executive officer of the manager of SGX-listed Lendlease Global Commercial Reit.

"But in this day and age, just focusing on the science of the transaction is not enough - there's an art to it as well, such as finding creative ways to manage an asset, understanding the surrounding demographics, and getting the right tenant mix for the target market."