Sometimes, recession is good: John Forrester
Why Forrester, Cushman and Wakefield's global president, is bullish on India
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Last Updated: Sep 27, 2019, 09:29 IST1 min
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Q. On the real estate market Real estate goes through ups and downs. And India is no different. You can find reasons to be a bit cynical and negative. But compared to other markets, India offers a healthy yield for a global buyer. We see opportunity in whatever circumstances we"re in. Sometimes recession is good to reset the market. And other times, it"s not.
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Q. On why commercial realty market is growingWhen you talk about real estate in India, people think in terms of residential. And that"s fair because 90 percent is that. But if you leave that out, there are some green shoots in the affordable and mid-income category. The commercial market is doing well because the services economy and the global outsourcing in artificial intelligence and cloud data security are working well.
First Published: Sep 27, 2019, 09:29
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