Market and Investment Implications
What an exciting year, 2020! The pandemic and recent US elections have made the once haunting Brexit look like child's play. Because of the pandemic, all of us have had to shift to a new way of living and working. For one, fewer people are going to the office or going out at all. Also, more people are moving into bigger houses in the suburbs as a lengthy commute has become less prohibitive. These new patterns have had profound impacts on the real estate market.
Real estate contributes 7% of the UK’s GDP. It is one of the vital economic battle grounds in fighting with the pandemic. The government has rolled out specific support for this sector. While the UK economy has shrunk by 10% this year, the real estate sector has actually grown by 2.8%, just trailing behind the postal service and retail. On the surface, the sector has been refitted with sanitary gels, automatic doors, social distancing markers and flow controls. Underneath, the sector is embracing a seismic shift in consumer behavior.
- Will congregated office space something of the past?
- How will the residential sector cope with this?
- With Brexit looming on the horizon, who will be the winners and losers?
- What are the opportunities and risk facing investors?
Join us for a lively discussion with experts from both the commercial and residential real estate sector.
Format: Panel Discussion with Q&A