Asset management and property risk Time to take a closer look at the best way to improve performance of property portfolios, according to CBRE Thailand's real estate market is both competitive and dynamic, with developers and investors facing many challenges, especially this year. Nicholas Vettewinkel, director of capital markets - investment and land - CBRE Thailand. With many developers rescheduling projects, and investors revisiting their portfolio strategies, asset management has become a vital tool to manage risks for property owners, says the international property consultancy CBRE. Asset management is a response to the rapid changes affecting the market and the economic burdens that follow each emerging wave of the pandemic. "The rapidly changing dynamics of Thailand, Bangkok in particular, are putting new pressures on the Bangkok property market in 2021," said Nicholas Vettewinkel, director of capital markets (investment and land) at CBRE Thailand. "Against a backdrop of increasing supply in the residential, office and retail markets, the impact of Covid-19, and the implementation of the new Land and Building Tax, investors and developers are having to adapt." Few cities in the world, outside of China and Dubai, have undergone such a dramatic change in the
The COVID-19 pandemic had a serious impact on the housing market last year. Household bans and growing health concerns have reduced the number...
