In recent years, the real estate sector has made progress when it comes to inclusivity and equity, further recognising the value of women in the workplace and in leadership roles. According to UN Women Asia and the Pacific, the region is now proudly home to 20 percent more women managers in the private sector compared to 20 years ago.
The UN also noted that career women have been instrumental in increasing productivity, improving the ecosystem, and generating more sustainable environments. In fact, the advancement of equality in Asia Pacific is forecasted to magnify the collective annual GDP of the region to USD4.5 trillion by 2025, revealed McKinsey & Company.
Yet, this slow progress is still deemed worrisome by analysts since only 17 percent of women hold senior and middle management positions. The statistics are even more alarming when evaluated in female-to-male ratio, where only one woman in every four men is in leadership roles in the region.
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