Apac property could see price corrections next year
Regional real estate assets could fall in 2021, and investors are capturing opportunities from the down-trending market, according to a new survey by Urban Land Institute and PwC.
Asia Pacific government efforts in containing the spread of Covid-19 have limited its impact on local real estate markets but investor concerns are growing that a market correction across almost all property areas across the region is increasingly inevitable next year, according to a new survey released on Tuesday (November 24).
Government support, bank forbearance policies and healthy corporate balance sheets are unlikely to last and investors are anticipate asset prices will fa…
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