Real Estate Outlook – Europe, Edition 3 – 2020

Continuing impacts of COVID-19, but for how long?

01 sep 2020

The first estimate of GDP data confirmed that Europe has been plunged into a deep recession as a result of the COVID-19 virus. While occupier markets have remained somewhat resilient, investment activity has been impacted, particularly in less sought after sectors. Overall, we expect negative performance in 2020, with a recovery from 2021 onwards, although this is likely to vary by sector and geography.

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