BUSINESS BEYOND COVID-19
RICK DE SOUSA: Property owners must repurpose assets to avoid indefinite vacancies
The commercial property market is not broad-based, and that needs to change
In the Business Beyond Covid series, CEOs and other business leaders and experts in their sectors look to the future after Covid-19. What effect has the pandemic and resulting lockdown had on their industries and the SA economy as a whole? Which parts will bounce back first and which will never be the same again? Most importantly, they try to answer the question: where to from here?
Historically, and despite the odds, property is an asset class that has always managed to beat the market. Having worked in the commercial property sector for many years let me state that we will come through this, and the sector will recover from the significant knocks its faced recently as a result of the Covid-19 pandemic...