Emerging markets are increasingly harnessing data and software to disrupt and streamline their real estate markets and meet the needs of young people and businesses.
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How do you assess the outlook for Bahrain’s office segment, and what strategies can building owners adopt to mitigate the risks related to the pandemic?
Economic update | Covid-19 and the Philippines: could co-working spaces fill the void as firms decentralise?
22 Oct 2020
With the Covid-19 pandemic inducing a significant shift towards working from home as companies maintain social distancing, in the Philippines co-working spaces are emerging as a solution for firms seeking to decentralise while ensuring a sound operating environment for employees.
Covid-19 has had a significant impact on the Latin American residential real estate market, with the economic slowdown and increased investor uncertainty serving to dampen growth in the short term. Nevertheless, the pandemic has stimulated demand for both rental properties and accommodation with outdoor space, while also accelerating the digitalisation of the industry and boosting competition among mortgage lenders.
In emerging markets, limited ICT infrastructure can compound the challenges of remote working amid coronavirus-related social distancing and lockdown measures. Nevertheless, broadly successful outcomes may lead businesses to consider expanding or formalising work from home arrangements once the effects of the pandemic have subsided.
With 119 record cases and five deaths as of April 20, the status of the Covid-19 outbreak in Myanmar has not officially reached the critical levels experienced elsewhere.