The potential impacts of Covid-19:
What Does it Mean for Real Estate?
The outbreak of COVID-19 began in December 2019 and has spread to many European countries.
The most exposed countries to supply chain disruption are Germany, France, Italy and Spain.
There are some downside risks in the near term and policy responses are looking to mitigate these.
Travel restrictions and fear of exposure to COVID-19 will primarily affect face-to-face meetings and conferences.
Real estate may see some impact in the short-term, the overall outlook, however, remains positive.
CBRE will continue to monitor activity and the impact on commercial real estate and will report as necessary.