On March 16, 2020, Boris Johnson, the prime minister, appeared on television to tell the nation that all nonessential social contact had to cease as a result of the accelerating coronavirus infection rate. A week later, a full national lockdown was instituted, and if there had been any doubt before, the UK realised it had an unprecedented problem to deal with.
A year of work-from-home orders, lockdowns and social distancing has hit the UK commercial real estate sector hard — but what does the data say about the impact of the first 365 days of the pandemic? Investment volumes dropped, but not by nearly as much as after Lehman's… Read the full story here. | | |