Covid Impacts from the Real Estate Sectors

疫情对荷兰地产行业的影响

The global upheaval ushered in by the Covid-19 pandemic is causing severe stress in many industries and economic sectors, but real estate continues to attract new investors thanks to its broadly favorable long-term prospects relative to other investment asset classes.

This is also true of the Netherlands. Even in this time of crisis, Dutch house prices are still rising: driven by low-interest rates a major housing shortage. more and more properties are transferred into new homes, therefore, remains a key priority for the government and the market.

Covid-19 带来的全球动荡正在给许多行业和经济造成严重的压力,但房地产行业本着其对于其他领域的广泛有利影响,继续吸引者新的投资者入市。

荷兰也不例外。 即使在这个危机时期,荷兰受低利率驱动和严重的住房短缺。房价仍在上涨:越来越多的房产被转移到新房中,因此仍然是政府和市场的关键优先事项。

 

The Healthcare Market

The healthcare market correlates only marginally with economic cycles and is mainly driven by the long-term structural aging profile of the population.

However, if the health crisis and the economic downturn are more prolonged, healthcare institutions may focus on their core activities, and postpone additional investments or expansion moves, at least in the near to medium term.

医疗保健市场

医疗保健市场与经济周期的相关性很小,主要受人口长期结构性老龄化的驱动。

然而,如果健康危机和经济衰退的时间更长,至少在中短期内,医疗保健机构可能会专注于其核心活动,并推迟额外投资或扩张举措。

The Hospitality Sector

In the hotel market, and the hospitality sector in general, the signals have gone from green to red for many operators, but we expect the sector to eventually rebound when people are allowed to resume normal leisure activities and (international) tourism flows return to relatively normal levels.

酒店业

在酒店市场,以及整个酒店业,许多运营商的信号已经从绿色变为红色,但我们预计,当人们被允许恢复正常的休闲活动和(国际)旅游流量恢复相对正常时,该行业最终会反弹水平。

On the Office Market

we believe working from home will have less impact in the longer term than is being suggested in the media.

Most office workers miss personal contact with their colleagues and we expect offices to retain their social function, especially those that provide multifunctional meeting spaces in easily accessible locations.

写字楼市场

我们认为,从长远来看,在家工作的影响会比媒体所建议的要小。

大多数办公室工作人员都想念与同事的个人接触,我们希望办公室保留其社交功能,尤其是那些在方便到达的地方提供多功能会议空间的办公室。

The Retail Market

Convenience food stores remain a very stable investment and have been posting record sales since the onset of the pandemic. Fashion stores in the main high streets, cafes, restaurants, and hotels are currently being hit the hardest.

However, post-Covid-19 we expect consumers will once again crave social ‘experience’ and those establishments that cater to this segment will benefit. Experience-led retail has become a major market trend in recent years and is eventually expected to revive, although online competition will remain strong.

零售市场

便利食品店仍然是一项非常稳定的投资,自大流行爆发以来一直创下销售记录。主要大街上的时装店、咖啡馆、餐馆和酒店目前受到的打击最为严重。

但是,在 Covid-19 之后,我们预计消费者将再次渴望社交“体验”和那些迎合到这一细分市场将受益。以体验为主导的零售已成为近年来的主要市场趋势,并有望最终复苏,但在线竞争仍将保持强劲。

Logistic Market

Logistics is emerging from the Covid-19 crisis as one of the most resilient asset classes in the real estate universe, alongside residential and healthcare, due to the boom in e-commerce during lockdowns.

The global economic recession and decline in international trade volumes triggered by the pandemic have clearly increased the risk of corporate bankruptcies among occupiers of warehouses.

However, these risks are largely being offset by the high e-commerce demand. The logistics real estate market is currently experiencing historically low vacancy levels, and there are few signs this will change in the longer term.

物流市场

由于封锁期间电子商务的蓬勃发展,物流正在摆脱 Covid-19 危机,成为房地产领域中最具弹性的资产类别之一,与住宅和医疗保健并驾齐驱。

全球经济大流行引发的经济衰退和国际贸易量下降,显然增加了仓库占用者企业破产的风险。

然而,这些风险在很大程度上被电子商务的高需求所抵消。物流地产市场目前正处于历史低位空置水平,而且几乎没有迹象表明这种情况会在长期内发生改变。

Will the real estate market will recover after the current period of volatility and uncertainty? Follow up to find out more…

房地产市场会不会在当前的动荡和不确定时期之后复苏?关注以了解更多…

Cninvest.nl

sources from bouwinvest