Covid-19 did not affect all European commercial real estate in the same way—hotels and non-food retail assets were particularly affected, but leasing activity in logistics was very resilient.
Amundi’s likely, but not certain, central economic scenario is an increase in global GDP in 2021 however, the recovery may be bumpy, with epidemic outbreaks and lockdown measures through the fourth quarter of 2021.
But what are the opportunities and challenges in real estate for 2021? And what are the overall trends for the asset-class?