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COVID-19 will transform commercial property dynamics

Content type:: Expert Briefings
Location:: INTERNATIONAL
Keywords associated with this article:: Geographic: International INT China Hong Kong Japan South Korea Europe United Kingdom

Topical: economy capital flows finance foreign investment property construction infrastructure private sector telecommunications industry
ISSN:: 2633-304X
Citation:: Oxford Analytica (2020), "COVID-19 will transform commercial property dynamics", Expert Briefings.
https://doi.org/10.1108/OXAN-DB253958

Thursday, July 16, 2020

Significance

Retail and hotel properties are bearing the brunt of the collapse in demand due to the imposition of lockdowns and social distancing measures.

Impacts

The massive injections of liquidity into the financial system are creating a disconnect between buyers’ and sellers’ price expectations.
Occupier demand and transaction volumes have suffered but rental yields have not risen sharply, mainly because of ample liquidity.
The number of hotels changing hands has fallen sharply in the US market, reflecting illiquidity and the damage from COVID-19 lockdowns.

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