Update: March 2020 – A Market Overview

Equity markets have taken a significant hit over the past month as the COVID-19 virus has spread. Interest rates have hit almost crisis-era lows of near 0%. Major European governments have pledged significant packages of between €100bn and €500bn, to support their respective economies. Increasing concern over what the virus will mean for property prices has led to the suspension of several open-ended property funds. The widespread shutdown of many businesses over the next few months will lead to conditions in the retail sector in particular worsening, which will weigh more on investment volumes for the sector, as rents fall and yields rise over the year. Read more