Before the pandemic took over, the Commercial Real Estate (CRE) industry was booming, with experts predicting greater capital availability and healthy liquidity scenarios for the players in the space. However, the coronavirus pandemic, with its unimaginable magnitude of economic disruption, has impacted the CRE industry in an unquantifiable way that can only lead to lesser demand for new office spaces in the ‘new normal’ era of economic functioning.
Read MoreWhen behemoth malls shut their doors for the final time, though, their structures remain. The buildings they leave behind, already outfitted with air conditioners and regulation wiring, are prime candidates for retrofitting to suit a new, entirely different purpose.
Read More