Among the most important questions asked by the market currently is the extent and duration of COVID-19’s impact on the occupier market given that occupiers are the ultimate creators of value for real estate.

 

This ViewPoint report examines how COVID-19 manifests itself in the occupier market for office and industrial space through industry level changes to economic output and employment. It outlines a methodology for estimating the impacts, quantifies these in terms of changes to underlying demand, and provides pointers to the flow on impacts on net absorption, vacancy and rent.