Since the longer-term pandemic consequences are difficult to predict, between the 28th of September and 6th of October, Colliers International interviewed 93 professionals involved in land sales and purchases, trying to sketch how land market professionals are navigating the crisis, almost 7 months after the significant acceleration of COVID-19 pandemic. Also, for a comprehensive look please check at this link our spring survey results, conducted in the fragile stages of the crisis, back in April.
Views about land transaction(s) - either acquisitions or sales during this period, were similar in the spring survey and the autumn review. In both instances, more respondents (c.60%) said they moved ahead with all or some of the on-going deals, despite the economic recovery which is stalling owing to a resurgence of the virus.
According to our survey results, no significant changes are expected in planning decisions of investment approaches during and after the pandemic, regarding the land market sector.