Sunday Summary: McKinsey's $800 Billion Bombshell
A report predicts that the future is hybrid and will lay waste to urban office and retail corridors. But inflation is down and sales are up!
Source: commercialobserver.com
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Stay in the City: Top CRE Executives Make the Case for Commuting at McKinsey Forum – Commercial Observer
RXR’s Scott Rechler and KKR’s Ralph Rosenberg emphasized cities will still thrive in the future during a McKinsey Global Institute forum
Source: commercialobserver.com
How China's Real Estate Sector Is Recovering Since the Reversal of "Zero COVID" Policy
In March, ULI member leaders based in Shanghai, China, engaged in a discussion on how China’s real estate market has been recovering since end of the “zero COVID” policy in December.
Source: uli.org
Brookfield looks to lap up distressed multifamily assets in top Chinese cities
The Toronto-based firm is targeting prime multifamily assets in major Chinese cities such as Shanghai.
Source: dealstreetasia.com
Global investors see value in property market
Both international asset managers and property developers have accelerated the expansion of their presence in the Chinese real estate market, driven by the perception that it presents undeniable investment value.
Source: chinadaily.com.cn