Jim Mulligan

Though developers are finding strong demand for single-family-rental housing, they are facing challenges both from communities unfamiliar with the product and from high costs for land and construction.
While the success of Asia Pacific governments in containing the spread of COVID-19 has helped limit its impact on local real estate markets, concerns are growing that a correction may be in the cards next year, according to the Emerging Trends in Real Estate ® Asia Pacific 2021report. Singapore, Tokyo, and Sydney continue to rank as the top three markets for investment and development prospects in the region.
ULI MEMBER–ONLY CONTENT: As other segments of the real estate business adjust to challenges presented by the COVID-19 pandemic and economic recession, the industrial sector is looking to capitalize on greater demand for its facilities resulting from the explosion of e-commerce, panelists said at a Trends and Outlooks session during the 2020 ULI Virtual Fall Meeting.
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