Covid-19 sparks reassessment of real estate funds
Lockdowns and other social distancing rules related to Covid-19 are prompting a reassessment of real estate allocations in the European fund industry. In the commercial sector, the pandemic has largely proved that working from home is a practical option, and employers are now rethinking their long-term plans for staff returning to the office.
European investors increasingly favour exposure to industrial and logistical properties, two areas relatively unscathed by lockdowns, according to a recent survey by research and consulting firm Cerulli Associates. They are also showing increasing interest in niche sectors such as healthcare properties, which benefited from the global spotlight on the development of vaccines.
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