Research Blast COVID-19 European Office Markets Series, Edition 1 – April 2020
New occupational demand will drop away significantly this year. The question is will the market recover in 2021?
Disruption to office occupiers is not as significant as other sectors. But a protracted downturn will hurt revenue streams and lead to a spike in defaults. Serviced office providers are, however, facing very immediate impacts to their cash flows. Will they be able to survive long enough to benefit from any structural shifts longer term?
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