The novel coronavirus outbreak, first reported from Wuhan city in Hubei province, central China, represents a new downside risk for the regional economy.
The first case of the coronavirus, now formally named COVID-19 by the World Health Organization, was reported on Dec. 31, 2019, and there have since been multiple developments with the virus and much speculation on the impacts.
To help better understand the current and future impact on commercial real estate in key markets in Asia Pacific, Cushman & Wakefield has compiled their initial guidance and analysis in our Potential Impacts of the COVID-19 Pandemic on Commercial Real Estate in Asia Pacific report, which you can download here.
Potential Impacts of the Covid-19 Pandemic on Commercial Real Estate in Asia Pacific has been compiled by the Cushman & Wakefield Asia Pacific research team on the status of the outbreak as of 18 February 2020. This report aims to help clients better understand the current and future impact of the outbreak on commercial real estate. For further questions, please contact the authors of the report.