In the session titled “Strategic outlook and trends in the property sector”, the panellists were optimistic about the market outlook in 2022. This also resulted in very good sales (1Q21 compared to 4Q20). There was a drop of 10% in volume but an increase of 4% in value in 1Q21 compared to 1Q20,” said Previndran. During pre-pandemic days, the office structure was rigid, with the headquarters (HQs), satellite offices, offices on project sites, and [now] flexi (flexible) spaces have been adopted. Moving forward, offices will rely more on technology, prop tech (property technology) and others.

Source: The Edge Markets July 28, 2021 06:45 UTC