The Asia Pacific Real Estate Association (APREA), on April 23, initiated a roundtable with prominent leaders in the real estate industry to discuss the post-pandemic investment landscape.
Participants concurred that strategies will have to be recalibrated to take advantage of opportunities in this new normal. Social distancing measures will redefine how we work, live and play, and could permanently alter consumption habits and lead to a further blurring of the online and offline divide.
Synchronized fiscal and monetary stimulus will no doubt be critical in mitigating the economic consequences of the measures. In the aftermath of the global financial C=crisis, unorthodox quantitative easing programs created a super cycle in real estate investments before an untimely end from the COVID-19 outbreak. Likewise, the real estate landscape is likely to undergo another transformation in the post-pandemic era.
John Lim, chairman of APREA and CEO of ARA Asset Management,