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September 2018 Vol.23 No.9


Not your mother's real estate

Real estate is going through changes that belie its proverbial characteristics as one of the most stable of all asset classes. The PwC/Urban Land Institute report Emerging Trends in Real Estate: The Global Outlook 2018, emphasises continuously that real estate's state of flux is partly driven by technology and changing business models (such as clicks-and-mortar e-retailing or Airbnb-style ??cloud hospitality??), and partly by increasingly sophisticated and complex ways to extract value from real estate

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