Real estate technology is evolving rapidly, and the industry is shifting from awareness to adoption.

It was Peter Peterson, the co-founder of the Blackstone Group, who first sounded the alarm bells about global population ageing. Back in 1999, his book, Gray Dawn: How the coming age wave will transform America — and the world, warned that the number of retirees in the developed world was growing much faster than its collective workforce. 14 times faster, to be precise.

“The easy money in cap rate compression is done and dusted. It is now all about trying to make income work much more than it did in the last five years.” Those were the words of one investor at the Institutional Real Estate Asia Pacific Editorial Advisory Board meeting, which was held 31 October and 1 November 2018 at the Grand Hyatt Seoul.