Governments, business and communities are currently facing up to the impact of Covid-19. The short-term impacts on economic growth, business activity and how we live our lives are undeniable. While the current consensus is for the global economy to rebound in the latter half of the year, the exact trajectory is unknowable and the situation remains fluid. The purpose of this bulletin is to provide an update on the Living sectors, as well as highlighting the potential implications of the situation going forward. While Living sub-sectors are driven by many of the same demand characteristics, there are obvious nuances that ensure that the impacts from Covid-19 are likely to be felt differently across the Living spectrum.
JLL will continue to monitor the chronology of the crisis and use our global reach to identify market insights from the Covid-19 battlegrounds all over the world.
