Investors Should Consider Changes in Commercial Real Estate: Morgan Stanley
The accelerated use and adaptation of technology and even high inflation are factors that influence the recovery of this real estate division. Investors should be on the lookout for possible and potential long-term effects on commercial real estate , after the pandemic pushed hard for the use of technology to facilitate transactions, evolving preferences around remote work, online shopping, as well as rising costs for homeowners, James Flaum warned. The global head of Morgan Stanley's commercial real estate lending group noted that while they are "optimistic about commercial real estate," relevant questions remain regarding structural changes in the industry and the possible obsolescence of some commercial real estate after the pandemic. Even this decline was already seen coming in this business, specifically within the U.S. market. So the specialist recommended that "Investors should be aware of factors that could have potential long-term effects on this niche mark...