Principals, Dan Dokovic, Alice Benner and Brady Gehring discuss the top 10 commercial real estate trends they predict for 2021. They examine what we can learn from the trends in 2020 and how best to navigate 2021.
Making predictions is challenging even in quieter times, let alone in a year with a global pandemic. The Covid-19 pandemic will forever influence almost all aspects of our lives, including the use of real estate. However, what history has taught us is that following the struggle years, there is generally a great expansion not only in economic terms, but also in technology, innovation, art, music, medicine and education. Thus, as McKinsey points out, the post-pandemic recovery has the potential to accelerate change with focuses on social justice, health and wellness, remote work, households, workers, and companies.
This year, commercial real estate will slowly start recovering from the shock of Covid-19. As we noticed in the year 2020, this recovery will have its challenges and setbacks along the way. Here are the most impactful commercial real estate trends we can expect to see in 2021.
Article on Forbes here.