The recently concluded trade deal led to upward revisions in our expectations for Asia Pacific in 2020, but not before the COVID-19 outbreak rewrote the script once again. As we step into the next decade, it is timely to cast our horizons further and adopt a tactical approach towards real estate investing in a cyclical world. Key themes will still drive the medium-term prospects of real estate in Asia. We encourage investors to monitor signposts and risks, and focus on actionable strategies over the next five years.

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