31st ACPM-CIC: REAL ESTATE must go beyond adapting to coronavirus
Date(s) - Mar 10, 2022
1:00 PM - 4:00 PM
REAL ESTATE must go beyond adapting to coronavirus
COVID-19 has shown itself as a humanitarian challenge that has left a lasting impact on how people live, work, and recreates in the past two years. Real estate holders have grappled with significant cash flow challenges that have upended leasing and investment practices. Physical distancing has changed how people stay and interact within properties so much that the real estate industry (both commercial and public) was locked into a protracted crisis for the first time in decades. The major challenge is to re-start demand to generate steady cash flows and returns. In effect, stakeholders must unpack how real estate owners and operators should navigate the crisis by responding to:
- How is managing real estate leasing responding to the realities of the pandemic?
- What real estate investment practices engender resilience in the current environment?
- How is real estate professional fees and return on investment influenced in this pandemic era?
- How should clients / end users such as DPWI use technology (e.g proptech) to leverage their real estate management mandate?
Reference Hockley, C (2019) Successful real estate investing: invest wisely, avoid costly mistakes and make money. Morgan James Publishing.