2020 will be remembered as the year of COVID-19. The pandemic unleashed a wide range of local responses throughout the year, as well as a global reversal of market sentiment.
The economic impact has already been significant. The US and Europe were on course for a recession in 2020, while Asia Pacific was also expected to slow down. Despite the resolution of some major political dilemmas in the US and Europe, unresolved trade frictions are expected to slow and prolong the recovery.
As governments and central banks soften the impact of COVID-19, there is one key question for real estate investors as they enter 2021. How can they best find mispriced global market opportunities?
To facilitate a consistent evaluation of opportunities globally, AEW has launched its global relative value framework. Across the world, governments have responded in a wide range of different ways to the crisis with varying degrees of success. Regardless of these differences, many central b
