Flexible office companies may be suffering now as co-working users avoid crowded and shared spaces, but they are likely to emerge the winners of the COVID-19 outbreak, according to UBS Asset Management.
Shaowei Toh, UBS head of real estate research and strategy, Asia Pacific, said the coronavirus developments in the past month had accelerated and corroborated emerging trends in the real estate space, namely the rise of flexible working.
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Ingrid Fuary-Wagner is the AFR's explainer editor, based in Sydney. She previously wrote about property and before that was news editor at Domain. Connect with Ingrid on Twitter. Email Ingrid at ingrid.fuary-wagner@afr.com
