The outlook for real estate
The effects of the COVID-19 pandemic have been far-reaching across all industries, changing habits that have affected demand for real estate assets. Between the rise of remote work and a surge in e-commerce, over the past two years, commercial real estate has recalibrated to reflect fundamental changes in our way of life, creating opportunities in some sectors and challenges in others.
We met with Brian Kingston, Managing Partner and Chief Executive Officer of Brookfield’s Real Estate Group, and Leonie Wilkinson, Senior Vice President, Portfolio Management for Brookfield’s Real Estate assets in Australia.
Our panellists provided an overview of the trends they have observed in real estate over the past couple of years, what the future likely has in store as we emerge from the pandemic, and the challenges and opportunities this poses for investors.