LaSalle Investment Mgmt's Tse on 2021 Mid-Year Real Estate Outlook

The video discusses the return to office trends in Asia, highlighting higher return rates due to effective social distancing, small residential spaces, and cultural factors. It explores market recovery post-2020, noting growth in commercial real estate, particularly in the multifamily and logistics sectors. The video also examines hybrid work models, emphasizing the need for collaborative office spaces. Finally, it analyzes sector performance, with logistics and multifamily sectors leading recovery, while retail and hotels lag. Japan's resilient labor market is highlighted as a key factor in its strong performance.

What is one reason for the higher return to office rates in Asia Pacific compared to the USA and Europe?

• Cultural importance of in-person meetings

• Larger residential homes

• Preference for remote work

• Less effective social distancing measures

Which sectors have seen an increase in demand due to the pandemic?

• Tourism and travel

• Office and coworking spaces

• Retail and hotels

• Multifamily and logistics

What is a key feature of the hybrid working model discussed in the video?

• A mix of working from home and office

• Working from the office every day

• No need for office spaces

• Working from home every day

Which sector is mentioned as performing well in Japan despite a slow economic recovery?

• Logistics

• Tourism

• Hospitality

• Retail

What is a significant factor driving property market demand in Japan?

• Labor market resilience

• Government subsidies

• Tourism industry

• High retail sales