European Real Estate Companies Expect the Sector to Recover in 12 Months

23 March 2020 –

75% of the executives surveyed by Property EU expect the real estate sector to recover to its pre-Covid-19 levels within a year.

Three out of four professionals in the European real estate sector predict that the market will return to its pre-coronavirus crisis level over the next year, according to a survey of 840 experts conducted by Property EU. 90% of the professionals consulted say they are working from home.

Despite the slowdown on a global scale, professionals in the sector say that business has not come to a complete standstill. They estimate that investment in real estate is currently operating at 45% of its usual capacity. On a scale of one to ten, they rank their concern about their work and/or company as a 7.

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Translation/Summary: Carmel Drake