The next domain for real estate companies

 For long we had RE players dabbling the safest section of RE - residential real estate - Asset light. 

Next came, commercial buildings for sale - Asset light

1990s saw - a few venturesome got into office and IT parks leasing - Asset heavy

Some current trends

Covid could have the same effect on office space what RERA did to residential RE - consolidation and emergence of few office and IT park operators. Office operating costs are likely to go up as marquee clients demand hygiene, safety and professional building mgmt process. Danger signs for commercial/office park 1,000 sqft sale schemes from small developers.

Next stop, entertainment through malls - Asset heavy. Most properties which were dealt like commercial properties with units sold off - failed. Malls need an USP and property manager to keep the excitement going which is possible when the entire property is owned by a single entity.

Next stop - Data Centers, Industrial cities and Warehousing

Warehousing and Logistics

https://www.embassyindustrialparks.com/

Industrial cities (Make in India proxy)

https://www.mahindraworldcity.com/about-us/