Data from a survey carried out by Duff & Phelps on 325 directors and investors concluded that commercial real estate investors anticipate up to a 10% fall in property value as a result of coronavirus. Despite this, the degree of pessimism amongst investors is beginning to ebb and it is conjectured that commercial real estate prices are set to recover in 2021.
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Commercial real estate investors predict price recovery in 2021
“But the degree of pessimism among investors is starting to subside, and given the availability of investment capital, I am confident the commercial real estate sector will make a strong recovery.”
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