The COVID-19 pandemic dealt a harsh blow to many property owners, who struggled with shutdowns, rigid operating requirements and general uncertainty. On the opposite side of the spectrum, the pandemic turbo-charged demand for life sciences, logistics, data centers and self-storage. Which of those sectors have panned out for investors, and which have been more of a flash in the pan?
Many of the “COVID favorites” are dealing with the aftermath of a surge in development that is resulting in near-term softening in fundamentals as demand normalizes, or in some cases, pulls back.
To find out more, read "Update on 'COVID favorite' property sectors" by Beth Mattson-Teig in the June 2024 issue of Institutional Real Estate Americas.