Options for uncertain times
The World Health Organisation has recently stated that the outbreak of COVID-19 (coronavirus) has peaked in China. For now, following general market expectations and the lessons from SARS in 2003, Colliers assumes that COVID-19 peaks across Asia Pacific in H1 2020, with a recovery in H2, although the spread of the virus beyond Asia raises the possibility of longer-term disruption.
What does a scenario of market downturn in H1 and pick-up in H2 imply for office occupiers in Asia Pacific?
