The pandemic has negatively affected all classes of real estate, especially the commercial market. With accelerated use of technology in the commercial real estate industry, most of the workforce moved to remote work, communications converted to online channels and tours turned virtual, which all contributed to a dramatic decrease on the occupancy rate and market value of commercial real estate properties.
With the roll-out of vaccinations, there are positive signs that the recovery of the market as a whole is well underway, which we’ve already seen in the residential market. This recovery may have its difficulties and setbacks. However, it can also mean that opportunities are waiting for business owners and investors.
Join our webinar with Robert Freedman, Co-Chairman of Colliers, and Zack Zou, Founder and CEO of HGC Investment, and find out the latest trends and predictions that can help business and investors make smart decisions in the real estate market. Learn about what many of the leading property owners, REITS, and foreign investors are planning post-pandemic.