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Covid-19 Economy Impact

Global real estate implications of Covid-19

Article-Global real estate implications of Covid-19 Shanghai
In their recent report, JLL examines each real estate sector to see what their future characteristics may look like post-pandemic.

We can see that the pandemic has accelerated some trends already in evidence, whereas other trends may reverse. For example, demand for online shopping has increased and will likely continue, while the ongoing trend for the densification of work and living space is now under scrutiny. Across sectors these trends differ and have varied implications for real estate demand, says JLL.

The level of uncertainty in the economy is currently at an all-time high with the trajectory of the recovery difficult to forecast. Although there has been no global joined-up policy response, individual countries have taken major steps to try to cushion their people and economies through this difficult period. We look to the economic outlook and policy steps but would advise against putting too much weight on a specific point forecast until the future pathway becomes clearer.

The report includes the below:

Download the full JLL report here.

Photo Credit: Pen Tsai on Unsplash
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