Posted on Jul 01, 2020
How has the market reacted post Covid lockdown? And where to from here?
There is no doubt that office and retail markets have been badly hit by the economic fallout from Covid 19. But, despite predictions to the contrary, industrial property has barely been impacted. To date, the industrial market has largely picked up from where it was pre-Covid. The caveat would have to be that it is early days. Many businesses have come back to a backlog of work, and are confident of their workloads for the next 2-3 months. Beyond that there is some trepidation as to whether activity levels will continue, particularly as we head into the traditional six week pre-election “wait & see” period.
The most obvious aspects of the current market are