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 recent vaccine announcements are a game changer and are expected to end the pandemic’s extended post-summer resurgences. 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?

Supportive monetary policy

As investors move on from the immediate local economic impacts of COVID-19, it seems an appropriate time to recons