Global Outlook
The outbreak of COVID-19 has quickly translated into a severe shock for the global economy and real estate markets.
The outbreak of COVID-19 has quickly translated into a severe shock for the global economy and real estate markets. Near-term indicators of performance have turned sharply downward, and the situation is fast-moving.
At the same time, the Asia Pacific region is set to lead a global recovery, and while real estate occupier and investment markets are under near-term pressure, a significant opportunity set is expected to emerge.
The outbreak of COVID-19 has quickly translated into a severe shock for the global economy and real estate markets.
Even though real estate values are under pressure in Europe, significant capital is waiting on the sidelines as interest rates fall.
A sharp recession is unfolding across the region, but the U.S. real estate market was in good shape in the run-up to COVID-19.