Ray White Now | February 2022 | Page 35

MYTHBUSTERS - COMMERCIAL PROPERTY EDITION

With the onset of COVID-19 changing the way in which we interact with commercial property , there was a lot of speculation around which asset classes would be the “ winners and losers ”. We heard the discussion surrounding the future of office markets and retail shops given the lockdowns and work from home mandates . Online shopping was expected to change the face of industrial not only for large distribution facilities but smaller last mile warehousing requirements , while the push to buy Australian saw small business and manufacturing would also stimulate this market . As we approach two years on from our first Australian lockdowns , what have the impacts of COVID-19 been on commercial property ?
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