Coronavirus has darkened the outlook for Asia’s real estate market, but South Korea remains a rare bright spot

Asia’s commercial real estate investment market was slowing long before the Covid-19 pandemic took hold. In the final quarter of last year, transaction volumes across the region fell sharply, mainly because of the steep decline in investment activity in crisis-ridden Hong Kong.Yet, since the coronavirus crisis escalated dramatically earlier this year, deal making has fallen more precipitously. In a report published last week, JLL noted that transaction volumes in the first quarter of this year…

from South China Morning Post https://bit.ly/2VKEnIi