GOVERNMENT efforts across the Asia-Pacific to contain the spread of Covid-19 has helped limit its impact on local real-estate markets, according to the executive summary in the Emerging Trends in Real Estate Asia Pacific 2021 report.
At the same time, however, there is a sense that asset values have been propped up by a combination of transient factors – government support programmes, bank forbearance policies and healthy corporate balance sheets – that are unlikely to last.
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