DARE to adapt in a
Remote working is now firmly established as a component of corporate retail estate portfolio strategy.
Occupiers will conduct more regular reviews of office space requirements.
Alternatives Signs are emerging of a shift towards suburban areas and business parks.
Hub-and-spoke models are more likely to be considered
in Australia and India.
is expected to continue into 2021 as tension between China and numerous other countries escalates further.
Despite short-term challenges due to supply chain disruption, overall inflationary pressure in Asia Pacific will remain limited.
The rapid uptake in remote working will require office occupiers to rethink the workplace experience to attract and retain talent.
The pandemic has ushered in a new era of retail. While the shift towards online channels such as social media and livestreaming will continue, Entertainment and Experience in brick-and-mortar stores will remain at the heart of consumer engagement.
Shopping malls will continue to transform into activity centres
Landlords and retailers will increasingly leverage art and culture content
Demand will remain steady
The automation of logistics operations will continue
E-commerce has been one of the major beneficiaries of the pandemic.
Enhancing operations and cost Efficiency via the introduction of automation and other technology will continue to drive occupiers’ business investment and real estate strategy.
Investment will continue to be guided by cash flow fundamentals such as asset and tenant quality.
There will be opportunities
for investors to capitalise on corporations disposing of assets or seeking to engage in sale and leaseback deals.
Investors are advised to focus on tenant quality as well as occupancy.