Article by:
Finance Suite
From the pandemic in 2020 to geopolitical and economic shocks in 2022, the global economy continues to shift. Economists throughout the world expect a potential recession at the end of 2023 or the beginning of 2024, debating only when it will start, how long it will last, and what magnitude it will have.
Commercial real estate is not isolated from the world economy and global events. As Covid-19 showed us, even the strongest players are affected by global perturbations. In 2020, Nike’s sales fell 4% due to the pandemic, which shows us that even leaders need to take into consideration market dynamics and adjust their strategy fast. Read the full article here...
Google