Growth in the real estate sector is a good barometer of economic development. It is also an stable and profitable sector that has attracted many foreign and local investors. However, the eal estate sector is cyclical. During an economic downturn, especially during this period affected by Covid-19 pandemic, we are seeing a problem of vacant offices, retail shops, and residential developments.
OCB Life Group sees opportunities In order to solve such problems, through cloud funding using securitized tokens for traditional assets, as well as other technology-based solutions to even out demand and supply. Real estate investment products such as REIT (real estate investment trust) has also made it possible for many investors to invest in small amounts of real estate. Therefore OCB Life Group has identified the Real Estate business as a key business for its Strategic Business Plan for 2021- 2025.