Acquisitions and expansions continue to pick up pace as Airbnb, who had laid off 25% of its workforce early last year when the pandemic hit, went public at the end of 2020 and resumed plans to establish a technology hub in Atlanta.

The Year of the Ox is off to a roaring start for the property market as funds and property firms turn up the gears on acquisitions.

With the economy anticipated to recover, along with optimism regarding the COVID-19 vaccination, the property investment market is poised for a pickup in 2021.

Real estate activities are very dependent on the local economy conditions, which may make the price fluctuations differ in their response to the pandemic situation compared to the rest of the world.

The beginning of the year 2021 offers a glimmer of hope to the real estate industry in certain countries; from the continuing rise in property investment in China to recovery signs in the UAE market.

2020 had been an extraordinary year for all. The pandemic left hardly any business or industry untouched, but real estate was front and centre for many of the biggest shifts.