Not only must people and workspaces become more flexible, but they must also factor in a constant state of flux — and accept that condition.
From the Current Issue
South Korea has long been considered an important player in the global economy, and its capital, Seoul, is now one of the largest cities in the world.
After nearly a decade of recovery in Asian property markets, anecdotes abound about record prices and real estate bubbles in the Far East.
The possibility a synchronised global economic upswing may be emerging in the near term should help support real estate fundamentals. But that upswing is accompanied by considerable economic-policy, political and geopolitical uncertainty.
The residential sector largely is based on structural growth drivers, providing insulation from cyclical volatility.
Competitive pressure for jobseekers is even more concerning today, as advances in automation and robot technology appear to be accelerating.
As one of Asia’s most prominent business hubs, Hong Kong tops many regional and global lists pertinent to the real estate industry.
May marked the fifth consecutive month of positive performance for Asia Pacific property stocks, with a total return of 4.1 percent.