Will the COVID-19 pandemic bring about the end of the viability of open-plan office space? Panelists speaking during a recent ULI Asia Pacific webinar concluded that flexibility, technology, variety, and health would be the key concepts bringing companies and key employees back to offices.
ULI MEMBER–ONLY CONTENT: As part of the 2021 ULI Virtual Europe Conference in February, high-level ULI members from across the global finance and investment sector gathered virtually to discuss capital flows, real estate market dynamics, and debt and equity markets. Among the trends discussed were an acceleration of deglobalization, shifting from “just in time” to “just in case” deliveries, and more interest in the hyperlocal, also characterized as “love thy neighborhood.”
As the new appointees at the U.S. Department of Housing and Urban Development settle into their roles, they face challenges both old and new. Ethan Handelman, the new deputy assistant secretary of the agency’s Office of Multifamily Housing Programs, addressed the 2021 ULI Housing Opportunity Conference in March.
Technology is paving the way for a segment of investors, many of whom are “digital natives,” to explore real estate as an additional part of their investment portfolio and participate financially in the real estate sector like never before, said panelists speaking at the 2021 ULI Singapore Annual Conference, held both virtually and in person in early March.
ULI has been working in collaboration with a select group of corporate members to produce a “roadmap” for social value measurement that identifies the obstacles, gaps, frameworks, and tools that are available to set targets, manage and measure social impact, and examine best practices already applied from across the real estate industry.
ULI MEMBER–ONLY CONTENT: In an Oxford-style debate, two property experts locked horns virtually during the 2021 ULI Virtual Europe Conference in February on one of the most talked-about subjects of the past year—the future of the white-collar workplace. Once the pandemic has passed, will most office workers return to business as usual, working five days a week in proximity to colleagues? Or has the world changed forever, with most people working from home for at least a couple of days a week?
A study by the U.S. Federal Reserve Bank of Philadelphia showed that tenants who lost jobs during the COVID-19 pandemic may have already amassed $11 billion in rental arrears. Procedures for evictions and foreclosures may be failing the most vulnerable tenants and landlords.
According to data provider Zonda, the U.S. New Home Lot Supply Index came in at 63.5 for the third quarter of 2020, representing an 8.9 percent drop year over year. Hear more about trends in U.S. housing policy and development at the 2021 ULI Housing Opportunity Conference.
In fall 2020, Allen Matkins and the ULI Center for Capital Markets and Real Estate held a roundtable discussion, in two parts, featuring several industry leaders. Each speaker shared insights regarding the effect that COVID-19 has had on capital markets, mainly in real estate, as well as their forecasts for the coming year.
ULI MEMBER–ONLY CONTENT: Real estate investors gathered for a panel at the ULI China Real Estate Investment Summit said they are optimistic about continued opportunities in China across a broadening group of sectors and product types, a position echoed by a second panel featuring Chinese developers. The summit was held in December with both virtual and in-person participants, as well as tours in Shanghai.