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The coronavirus could undercut prime property's appeal

The disease’s outbreak looks set to change the appeal of real assets as it forces a new way of living and working on people amid global lockdown.
The coronavirus could undercut prime property's appeal
Real assets may provide attractive cash flow versus current depressed bond yields, but one consequence of the coronavirus (Covid-19) could be a gradual dimishment in the appeal of prime office space and an acceleration in the devaluation of shopping malls.  “I don't think we will just snap back to the way things were when the outbreak subsides,” said Daniel Jim, founder of Hong Kong-based Tripod Management, “I think the crisis, in the long run, will change how we live, so is it go…
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