Looking back (and ahead): By reflecting on the past, we can be better prepared for the future
As we say goodbye to 2019 and usher in 2020, I am sure that many of you will be reflecting on how you, your organisatons, and your investments have performed over the last 12 months.
But taking stock of the past year is not just a chance for us to pat ourselves on the backs or admonish ourselves for our various successes and failures. It is also an opportunity to better understand recent events, which can give us a glimpse of what we can expect to take place as the coming year unfolds.
There is plenty to ponder. Geopolitical risk, such as Brexit, the ongoing trade wars, and various other flashpoints, remains high, feeding into fears that several economies will not be able to withstand another year of uncertainty. Judging where we are in the real estate cycle will no doubt tax minds as investors and managers try to time their purchases and exits as best they can and long-term considerations, such as the impact of climate change on assets and how to best harness new tech