The only challenge goes to be when it comes to consolidation and that is what we’re seeing. A lot of demand is getting skewed in the path of the listed, organised giant gamers and that consolidation of the business will continue. Having said that, our view is that while residential and plotted development will continue to develop at an excellent pace, this consolidation will bring in additional business to some of the bigger properly organised gamers. Demand for business real estate will slowly start coming back to the market. As people start returning to workplace and the vaccine rollout gets accomplished by the tip of this financial yr, industrial market will come again into the folio and we will see that demand pickup.
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Contact your local Elders Real Estate property manager to know your property’s funding potential and how we may help you secure the very best return. Ares Management Corporation’s Real Estate Group manages comprehensive public and private, equity and debt strategies, with approximately $33.4 billion of assets under administration as of June 30, 2021.
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