As COVID-19 induced lockdowns expose the weaknesses of income-producing properties around the world, a two-tiered market forms as the more resilient prime assets continue to hold their values, while non-prime assets start to see their values deteriorate. As a result, we are witnessing massive moves to repurpose assets and bring them to relevance in the evolving landscape across the region.
Download the Repurposing on the Radar report to read more.