After a strong start to 2020, COVID-19’s impacts on North American commercial real estate hit during the second quarter, reported Transwestern, Houston, and Devencore, Toronto.
Tag: Office Sector
Coronavirus Triggers ‘Fundamental Rethinking’ of Office Market
DBRS Morningstar, Chicago, said the COVID-19 pandemic could spark a “fundamental rethinking” of the open office concept and accelerate the move toward more flexible working arrangements.
MBA Chart of the Week: Year-to-Date Returns for REIT Stocks
How the health, social and economic impacts of the coronavirus outbreak flow through to commercial and multifamily properties remains clouded in uncertainty – mainly because of the uncertainty about the virus itself and our public and private responses to it. One thing that is clear is that different property types and different markets will be affected differently.