Lee Fong, Asia Pacific research director at commercial real estate services firm Jones Lang LaSalle, said a potential vaccine offers hope against "the uncertainty that has been troubling economies and real estate markets."
Judging from the initial reactions from the listed real estate market, "investors are expecting the retail property market in Europe and U.S. to benefit most from the vaccine, followed by office and hospitality sectors," Fong said in an email interview. A gradual return to normalcy is also likely to provide the impetus for "more decision-makers, whether occupiers or investors, to move forward with plans that may have been put on hold, supporting a pick-up in real estate activity," he noted.High-flying technology companies, many of whose shares thrived during the pandemic as people spent more time logged on from home, have seen their stocks trail the boarder market since the vaccine news.
A Video the Republicans don't want you to see! Looks Like real Fraud to me!
More Hype unfortunately
Every Monday morning... coordinated, calculated, bullshit.
Jim Cramer is TOXIC!!!! Get him off the air.