2022 was a year full of challenges in various sectors, including the property sector which showed improvement in line with improved control over the impact of the pandemic which we have started to feel since early 2020. Entering 2023, we are overshadowed by anxiety and concern over the impact of the global economic recession which is expected to happen in 2023.
Therefore, Cushman & Wakefield as one of the leading global real estate service companies held a virtual press conference by presenting Arief Rahardjo, Director of Strategic Consulting, Cushman & Wakefield Indonesia to review the condition of the property market in 2022 and explore its projections for 2023 amidst the actual global economic recession.