COVID-19 Implications for Australian and NZ Real Estate
Governments, businesses and communities are facing up to the reality of COVID-19. The short-term impacts on economic growth, business activity and individual behaviour are undeniable and, while the current consensus is for a rebound in the global economy in H2 2020, the exact trajectory is unknowable.
We therefore suggest a scenario planning approach, rather than betting on any bold predictions, with a focus on preparedness for either a mild to moderate slowdown that is transitory in nature or for a more severe and sustained slowdown.
Click below for a copy of our COVID-19: Implications for Australian and New Zealand Real Estate report. This paper is dated 20th March 2020. Follow-up research will be provided as the situation changes.