Few asset classes are more uncertain than real estate in a post-pandemic world. The outlook for commercial real estate seems gloomy as many in the labor force are adjusting to virtual workspaces and social distancing has limited the use of physical storefronts. Residential markets, on the other hand, are torn between an eviction wave and a shift toward work from home.
As before, investors and managers will have to swivel with the trend and reimagine what the new normal may mean for the real estate market at large. Panelists trace some of the more interesting trends in the sector and identify fears that are overplayed. Investors will have an influential voice in pushing for a more sustainable footprint.
Jonathan Goldstein joinrs the 2020 Milken Institute Global Conference to discuss global real estate alongside:
Richard Mack - Co-Founder and CEO, Mack Real Estate Group
David Warren - CEO, Chief Investment Officer and Founding Partner, DW Partners
Xin Zhang - Co-Founder and CEO, Soho China Ltd.
Carol Massar - Anchor, Bloomberg Businessweek TV and Radio (moderator)
By Jonathan Goldstein
Chief Executive Officer