KEY observations
7 May 2020, 14:00 GMT
Colliers Back to Work Navigator – The Great Return
Colliers panellists: JanJaap Boogard, Andrew Hallissey, Damian Harrington, Peter Leyburn, & 14 of our leading Office market experts from around the region
Details: With over half of EMEA governments surveyed by Colliers now exiting the COVID-19 lockdown phase, markets across the territory are preparing in earnest for a return to the office and a subsequent rebound in economic activity. Colliers' latest research looks in-depth at the evolution and management of the virus across countries, the lockdown exit strategies in place and the implications on multiple real estate markets.
Last week we held a webinar looking at this topic in detail. If you missed it see here for the presentation deck and recording of the session.
29 April 2020
Colliers has prepared the attached clear and pragmatic Property Management guide to help you through the gradual easing of lockdown on your real estate portfolio. The guide contains contact details of our European Property Management team for additional help on specific issues you may have. Please see below for the report.
Please see here.
28 April 2020
Colliers has updated our outline of the measures that have been taken by governments across EMEA, including an analysis of exit strategies relative to COVID-19 case management. There is more light in the tunnel.
Please see here.
The Coronavirus Cycle
EMEA Economic Context
Investment Market Trends
Government Debt % GDP
- More countries are shifting into COVID-19 recovery territory, as cases start to level off consistently.
- The DACHS territory is looking the most robust to date, and is likely to drive Europe’s economic recovery.
The latest forecasts as of 28th April 2020 show a significant contraction in economic output for the year ahead, with most national economies now pushed back to negative growth rates - for GDP and employment.
- As the economic outlook stats have moved into ‘reality’ territory, a corresponding drop in investment volumes in Q2 is inevitable. Both are set to be the sharpest declines we have recorded, but supporting a robust recovery.
- The shape of the recovery will differ by market. The existing economic structure/diversity in place, healthcare/testing capacity, government stimulus and exit strategies will create a range of recovery shapes and timelines by country, including V’s, U’s, L’s ……and perhaps some W’s.
- The level of government debt to GDP, as of 2019 by country (below), highlights the dilemma for governments in terms of the stimulus packages they can provide.
If you have any questions, please get in touch with the contacts below or email us at emea@colliers.com.
#ColliersEvent | Contact: events@colliers.com
DISCLAIMER
The analysis and finding reported on this microsite is based primarily on Colliers International data, which may be helpful in anticipating trends in the property sector. However, no warranty is given as to the accuracy of, and no liability for negligence is accepted in relation to, the forecasts, figures or conclusions contained in this report and they must not be relied on for investment or any other purposes. The outbreak of the Novel Coronavirus (COVID-19), declared by the World Health Organisation as a “Global Pandemic” on the 11th March 2020, has impacted market activity in many sectors, creating an unprecedented set of circumstances on which to base a judgement. This report does not constitute and must not be treated as investment or valuation advice or an offer to buy or sell property. Given the unknown future impact that COVID-19 might have on real estate market supply, demand and pricing variables, we recommend that you recognise that our research and analysis is far more prone to market uncertainty, despite our endeavours to maintain our robust and objective reporting.
