Asia-Pacific real estate markets largely subdued during lockdown.
On the 23rd January 2020, the Chinese of Hubei and its capital Wuhan went into lockdown. Over the subsquent two months, the spread of Covid-19 has forced most markets across Asia-Pacific to follow suit in and from another.
With a significant impact of movement, and trade, real estate activity has been severely compromised. Within such an uncertain environment, concerns about cashflow and supply chains, together with the difficulties in conducting inspections have alll contributed to a fall in demand for most types of property.
The challenge during a period like this is then how to provide useful and accurate data and analysis, which is not simpy backward looking, but also captures what is happening right now. Whether you are a real estate occupier or investor, understanding market dynamics now and planning and positioning for the future is vital.