Industry executives are of the view that if the current crisis impacts the real estate sector similarly to previous recessions, there could be some changes for the better.

In interviews with Biznow, Palace Capital’s Chief Executive Neil Sinclair and ING’s Chief Executive Robert Houston draw on their experience and agree that property relating to social infrastructure will benefit and that high net worth individuals, especially those from abroad, will not be so heavily invested.

Neil also calls upon the government to consider the technicalities of property policy in order to avoid exploitation of the support mechanisms on offer.

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