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Asia’s real estate market is undergoing significant transformation, driven by unique demographic trends, according to Louise Kavanagh, Chief Investment Officer and Head of Asia Pacific Real Estate at global investment manager Nuveen.
Louise Kavanagh,
Nuveen
“By 2030, Asia Pacific will be home to 50% of the world’s Generation Z population – which should be around 979 million people,” Kavanagh told AsianInvestor.
This young demographic will be a significant part of the workforce and of future spending demand, according to…