Publications

- November 1, 2020: Vol. 12, Number 10

To read this full article you need to be subscribed to Institutional Real Estate Asia Pacific

Then and now: Lessons from a hundred years ago

by Geoffrey Dohrmann

We’re now well into this year’s global COVID-19 pandemic, with no clear signs of when things will turn around. The scientific community continues to pursue a safe and effective vaccine, with billions being invested to discover the right balance for widespread manufacturing and distribution.

Meanwhile, property markets continue to react — particularly in those property types whose tenants have been most severely and negatively affected (hotels, retail and nursing homes).

Most of our readers are anxiously awaiting third-quarter performance numbers, while valuers continue to seek clarity in a murky market clouded by a dramatic falloff in comparable sales data.

Most industry observers anticipate write-downs, though few can say how deep those write-downs are likely to be or how quickly values will eventually rebound once the worldwide shelter-in-place mandates have been lifted and business gets back to some new semblance of normality.

The only comp most

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.