The retail investment industry has historically always been impacted the hardest during large-scale catastrophes. Past pandemics serve as reminders of the harsh implications and desperate measures that undergo these events. How will retail continue to adapt to these changes?
While COVID-19 has conjured visions of “the end” for some, history shows that catastrophes in the human story always lead to reinvention in culture and the built environment. Retail adapts to crisis and shows how providing a foundation and providing long-term value appreciation helps rebuild communities.
Though mixed-use developments aren’t immune to COVID-19-related disruptions, demand is likely to grow as the crisis subsides.
COVID-19 and logistics: What have we learned so far, and what will be the lasting impact on the sector as it faces a new stay-at-home economy?
Understanding new changes in tenant demand, economics, and public health will be critical to the future of commercial real estate investing.
Tomikawa served as Managing Officer and Chief Operating Officer of the Real Estate Solution Services Division until 2015. Between 1989 and 1995 he was Vice President at Mitsui Fudosan (New York). He was one of the founding members of Mitsui Fudosan Investment Advisors established in October of 1997, President & CEO in 2015 and Chairman from 2023.
Tomikawa was an adjunct lecturer at Keio University between 1998 and 2007, a member of University of Cambridge’s Real Estate Finance Advisory Board between 2004 and 2007, and Chairman of ULI Japan between 2016 and 2018. Tomikawa received B.A. in Economics from Keio University and MBA from Harvard Business School.
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