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2022 is forecasted as the beginning of a solid post-pandemic recovery for various industries and economic sectors. Amid the adverse effects of the current health crisis, the real estate industry exhibited resilience and resulted in the unexpected growth of industrial and logistics, its past overlooked sub-segments.
With looming uncertainties still present, there are also favorable and new opportunities for financial and investment growth in the real estate industry, such as real estate investment trusts (REITs) and resumption of building construction projects. Business World reported that the construction and real estate sectors would drive 12 percent of the Philippines’ economic growth in the next 18 months.
Disruptions in an ever-evolving investment landscape are inevitable. Protecting one’s assets and achieving maximum returns on investments are critical in the new normal. Investors and businesses can be prepared for shifting environments with effective real estate asset management.
Essential Role of Asset Management in the Post-Pandemic Recovery
Property investment presents lucrative opportunities for financial growth, but as with any investment, there are risks involved. Asset managers help real estate investors and businesses identify different risks and develop suitable strategies to enhance their business continuity plan.
Identifying the Risks
Healthy investing is correlated to having proper risk mitigation strategies at hand. Strategizing begins with the identification and adequate assessment of perceivable and potential risks. This can include market, economic, legal, and natural disasters. The extent of the matters to be addressed will vary depending on the assessment result.
Since the real estate market and overall economic environment are constantly changing, asset managers must understand these risks and create adaptive solutions for mitigating their impact on assets.
Business Continuity Planning
Another critical aspect of asset management is protecting one’s assets from adverse risk impact. In a nutshell, a business continuity plan (BCP) is an essential measure for investors and organizations for prevention and loss recovery from risks and threats. Compared to disaster recovery plans created as a reactive measure, a BCP is proactive for risk avoidance and mitigation.
Asset managers will assess how those risks will affect asset performance and its daily operations, implement efficient and functional safeguards, and regularly review risk mitigation strategies to ensure that it is up to date and provide adjustments if needed.
Obtaining the Right Asset Management
The ability to progress forward despite disruptions is imperative for real estate investors and businesses. With the support of an experienced asset management team, recovery can be expedited during the pandemic. Furthermore, they can position property investments back on track to high returns and profitable performance.
With KMC’s in-depth insight into the real estate market and trends, maximum returns are achievable with minimal operating costs. Clients are ensured that their assets receive full protection while minimizing risks.
Partner with the right property experts today to access their premium property and asset management services. For further inquiries, get in touch with Jesser James Franco at (+63) 917-800-0529.
Call us at (+63) 2-8403-5519 or send an email to [email protected] for general inquiries.