The Covid pandemic had a massive effect on the global commercial real estate market.
The preliminary success of return to work continues to decline as new Covid-19 variants emerge, making a mass return to work more unlikely, while the retail industry is taking big hits from e-commerce and the expansion of home delivery services. Despite the outlook, a number of real estate sectors give reason for optimism, one of those is life sciences real estate. With the market already seeing strong demand conditions attributed to an ageing population, rising healthcare spending, and enthusiastic venture capital investments, the start of the pandemic has only accelerated this growt...
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