Publications

Commercial buildings see decade-high drive for repurposing
Research - AUGUST 18, 2021

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Commercial buildings see decade-high drive for repurposing

by Released

Asset owners and landlords are making moves to upgrade and update commercial properties around the world, according to new research published by Knight Frank Asia Pacific titled Repurposing on the Radar – A Unique Opportunity at an Exciting Time. As COVID-19-induced lockdowns exposed the weaknesses of income-producing properties, some two-tier markets have formed.

Christine Li, head of research, Asia-Pacific, said, “The pandemic has ushered in a period that can be described as the ‘Great Asset Repurposing of the Decade’. Investors are increasingly gravitating towards newer assets that are less than 20 years old, i

Forgot your username or password?