Age is just a number? Not so for real estate
Covid-19 has created a two-tiered market, ushering in a likely decade of asset repurposing ahead
COVID-19 induced lockdowns have exposed the weaknesses of income-producing properties around the world.
Many structural shifts within the real estate industry have been ongoing for some time prior to 2020 such as the disruption from e-commerce on brick-and-mortar retail.
But Covid-19 has accelerated these shifts by several years, and in some cases, brought these disrupted sectors to their knees.
TRENDING NOW
Why China is tightening controls on overseas stock trading
Xi Jinping has just rewritten the rules of US-China rivalry
‘Even a CEO’s job can be replaced by AI’: DBS CEO Tan Su Shan bets big on agentic AI
‘Whole deck of cards just toppled’: FoodXervices’ Nichol Ng on how a 92-year-old family business unravelled – and what’s next