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.

Which sectors are currently leading the recovery in the commercial real estate market?

What role does the labor market play in driving property market demand in Japan?