CRE Missed The Real Danger During The Pandemic. 5 Years Later, The Painful Fallout Is All Too Clear

Cast your mind back to April 2020.

You were highly likely to be locked down, working from home, and worried about your job, your health and the health of your family. There was no end in sight to the coronavirus.

Real estate was in turmoil, vast swaths of it forced to close by governments across the world. The way people used offices, shops and cities changed more in a month than it had in a century.

What did you think the real estate world would look like in 2025? What does it actually look like?

On the whole, real estate got it wrong.

Bisnow went back and analyzed the predictions the industry made during the lockdowns to find out what came to pass — and what didn’t.

— Mike Phillips, Bisnow UK Editor

www.bisnow.com

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