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Sign in Sign up for a FREE subscriptionInvestor views on obsolescence risk
From office to logistics assets and everything in between, obsolescence is a foe of long-term institutional investors. What are the most significant risks to investors, what steps can they take to minimize these risks when acquiring assets, and how can they best modernize properties already in their portfolios to combat these risks?
These and other questions were addressed in a virtual roundtable with institutional investors, consultants and investment managers June 7 by Institutional Real Estate, Inc. on obsolescence risk. The in-depth strategy session was moderated by Reno Sio, managing director, Asia Pacific, at IREI.
Key takeaways include the following:
The need to reposition assets to avoid obsolescence risk is top of mind for a lot of investors. The ability to do so can be challenging, though, depending on the type of conversion. For example, there has been talk in the United States of converting office assets to multifamily properties, but