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COVID-19 Impact: Time to Stratify the Recovery

Kevin Thorpe • 8/17/2020

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As of August 17, 2020 

Kevin Thorpe shares his latest take on COVID-19 and its impact. See a quick snippet below and download the PDF for the full update.  

Virus Update:  

  • The spread of the virus appears to be re-intensifying around the world.  
  • Reporting on vaccines and therapeutics continues to look very promising.  

Economic Update: 

  • This is the most severe global recession in the Post WWII era. 
  • Q2 is expected to be the trough. 
  • Economic growth is expected to be subpar until the coronavirus situation resolves. 

Property Update: 

  • GDP matters. 
  • There are bright spots in property. 
  • Office will also fully recover; it’s just going to take longer.  
  • Recessions create opportunity. 

 

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