You would be hard-pressed to find a real estate portfolio that hasn't been impacted by the events of 2020. Even so, a snapshot of players within this asset management space reveals that agility and resilience are not in short supply.
Between office closures, retail disruption, and commercial shutdowns, Canadian real estate stakeholders have felt their share of disruption. It's understandable, then, that many of them also express a similarly more pessimistic attitude, compared to the prior year, as 40 per cent of asset management leaders generally in our Asset Management Opportunities & Risks 2020 report. Anxious as they may be, however, we are witnessing trends and transformations among our real estate clients and partners that bode well for the sector's future health.