Ultra-high-net-worth individuals, family office staff/members and investors are actively assessing how COVID-19 is transforming the real estate sector, what markets are the most attractive globally and how they should deploy their capital going forward.
NREI recently conducted its sixth annual research survey examining sentiment in the retail real estate sector. What we found is that, predictably, the mood has taken a sharp turn for the worse. Outlooks for the retail sector have lagged the other core property types for the last few years. But even within that, respondents remained bullish on some fundamentals. That’s all changed this year. And while retail is not the worst-hit sector (that distinction belongs to hotels), that doesn’t mean the picture is particularly bright.
The PPP funds were not enough to save hundreds of companies from going out of business, reports TheWall Street Journal. Central banks might be looking at yield curve control, according to Reuters. These are among today’s must reads from around the commercial real estate industry.
