In: Economics
what is the effect to real estate sector in corona Virus to related ASEAN
As per the research about the topic related Corona Virus , it is observed that ; this outbreak has created significantly uncertainity globally, The coronavirus which originated in Wuhan China,in December last year spreaded world over countries. After showing data the Real Estate sector market had a strong impact & a gradual slowdown of the global economy. Jones Lang Lasalle(JLL), together with its subsidiaries & affiliates, is a lending global provider of real estate & investment management services. Corona virus is presenting interest valuation opportunities in different segments of the Real Estate Markets, Govt response to the virus in countries outside of Asia may be slower with less effective measures, govt fiscal & monetary stimulus measures. As the data collected from different source, The real estate strategy, e.g.; benifitting from a diversified investment portfolio that has a Combination of equities, bonds, Reits & infrastructure securities. Likewise, diversified exposure across commercial,industrial,malls,logistics,residential developers & infrastructure sub sectors helps to cushion a real estate investment portfolio. It is inevitable for the country the impact of coronavirus in the real estate sector. The real estate industry an acceleration conditions become more difficult for smaller prayers, On 11th March 2020, china's residential property developers reported significant declines in contract sales in the months of January & February , but sales starts to recover in coming months. The Real Estate Industry in china is likely to see an acceleration of consolidation in 2020 as operating conditions become more difficult for smaller players . After careful analysis of the situation it is hard to determine the long term impact of the corona virus on global economy, but the indiscriminate selling are seeing in real estate sector in Asian investors with a midium term investment horizon.