An innovation wave is sweeping through the Asia Pacific region, bringing about new engines of growth for economies. Innovation clusters are emerging alongside the expansion of technology companies, potentially creating significant and sustainable demand for real estate. Real estate investors could capture this wave by seeking opportunities in established or upcoming innovation hubs in markets such as Singapore and Seoul. Repositioning standing assets to meet the needs of the growing technology sector is also increasingly imperative for more resilient income streams.

Asia Pacific’s new engines of growth

Following the colossal disruption caused by COVID-19, governments and businesses globally are turning to digital solutions to improve operational resilience, adapt faster to structural trends and prepare for the next phase of growth. Traditional labour force in factories, for instance, could be replaced by industrial robots, which are flexible, more ef