COMMENTARY
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.