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REIT indices for cold storage, self-storage, data centers and life sciences have outpeformed all-property indices in the US in the first six months of 2020.
Of the respondents who replied that they were able to pay some of their rent, 53% said they were able to pay half, while 29.8% expected to pay less than half.
While opportunistic buyers will be able to buy distress, one observer thinks funds and REITs could sell as they look to recalibrate after the pandemic.
Restaurants were able to weather COVID-19 lockdowns and occupancy requirements by shifting to off-premises services. But recent coronavirus surges and mandate rollbacks have left the industry in an uneasy waiting period.
Hubs across the nation are looking to use real estate to boost productivity as the growth of the global prescription drug market is expected to surpass $1 trillion by 2022.