Source: National Real Estate Investor ( CBRE provided NREI with an early look at its Global Real Estate Market Outlook 2020 Mid-Year Review report. )

The COVID-19 pandemic rages on, with the U.S. remaining one of the worst-hit parts of the globe. Other nations have contained the virus or are dealing with more isolated outbreaks. There’s no clear end in site for the crisis. The global economy remains gripped by uncertainty and hobbled by measures necessary to contain the spread of the virus. 

It’s in this context that CBRE is releasing its Global Real Estate Market Outlook 2020 Mid-Year Review report. As it did with its 2020 Real Estate Market Outlook, CBRE has provided NREI an advance look at the report. The slideshow walks through the firm’s observations with interactive versions of the charts published in the report.  

All told, CBRE’s conclusion is that the rebound for commercial real estate will lag that of the overall economy, with recovery in most commercial real estate sectors expected to start this year and continue through 2021. The firm foresees the industrial and logistics and multifamily sectors bouncing back more rapidly than other sectors. The acceleration of the shift to more e-commerce will boost industrial and logistics, while overall demographic trends will push more people to rent apartments, boosting multifamily fundamentals. 

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