Planning to buy your dream property? Don’t miss this

  • Trophy assets (in prime locations) and fully occupied properties with stable rental income are expected to attract attention.
  • The industrial/logistics real estate market, which remained healthier relative to other property types amid the outbreak, is expected to trade well with the growing trend of online shopping. Amazon’s recent lease agreement for a large NYC warehouse space highlights the continued demand for industrial properties.
  • Retail and hotel real estate are also gradually opening up, but with limited footfall and lower occupancy. The near-term outlook for retail real estate remains uncertain, as the ongoing social-distancing measures may limit recovery of operators and retailers. The hospitality sector, too, is not expected to return to full normalcy in the near term. Thus, unlike other commercial properties, retail and hotel properties may take longer to recover.

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