The rapid growth of the sharing economy, combined with declining yields from traditional real-estate investments, is prompting a surge of interest in co-working as an alternative, an industry conference concluded on Tuesday.
Attendees at the 17th HKVCA China Private Equity Summit in Hong Kong heard the same message from one panel speaker after another more capital is flowing into Asian real-estate, prompting investors to diversify into newer asset classes such as data centres, nursing centres and student homes to boost returns in the face of more intense competition.
“A lot of money managers are finding it increasingly challenging to invest through the traditional route of just...