Aug. 24 at 11:28 AM
$OTIS china property market has been a disaster. I wonder what happens here when that picks up.
Also let's be honest. The world is moving to more and more high risers. I lived a large chunk of my life in Africa and compared to north America and Asia, high risers there are far less, in part because they have space. Europe is sorta midway id say.
My point is. The upside here may not be dramatic, but I find it hard to see a scenario where there is significant downside in the next 5-10 years barring a major economic event.
And I can't say that for many companies out there.
