Many in the sector are concerned about the prospects for the June quarter.
At the moment, many businesses are wholly or partly closed, and finding it very difficult to pay their rent.
At the last quarterly payment date at the end of March, property companies saw a significant shortfall in rent, making it essential that they can build their resilience
New operating models
There will be more space devoted to collaboration and creativity.
Many businesses now know that many tasks can be done away from the office. While that won’t result in everyone working from home all the time, it’s possible that workspaces will be provided closer to where people live.
For further information and guidance on COVID-19, please refer to our dedicated insights resources area.