REITs 'at the forefront' of region's real estate transformat

REITs 'at the forefront' of region's real estate transformation


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REAL ESTATE investment trusts (REITs) may be “at the forefront of the [real estate] industry’s transformation” as the pandemic shifts market demand, according to Asia Pacific Real Estate Association’s (APREA) market outlook 2021 report.
“Better buildings will, no doubt, form the core of the post-pandemic city. Asset owners and landlords will need to be proactive with measures to entice shoppers and office workers back into their multimillion-dollar investments,” APREA said in its report.
APREA said REITs provide hope for the real estate industry in Asia-Pacific, as these are “likely to be sustained by the region’s emerging markets.”

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