Individuals and markets around the world have been reeling from the impact of the coronavirus pandemic, and real estate is no exception. In this time of great economic uncertainty, COVID-19 has revealed vulnerabilities in sectors and sub-sectors while also presenting new opportunities to do things differently, perhaps working towards a more prosperous future from what is clearly a distressed present. At the same time, it is unclear where we will be in six or 12 months’ time, so a degree of caution is required.
The latest edition of DLA Piper’s Real Estate Gazette looks at different aspects of distressed assets as the world continues to adapt to what has been dubbed the new normal. This edition brings you voices, opinions and analysis from real estate markets in Asia, Denmark, Germany, Angola, the Netherlands, Norway, the UK and US, from freeing up capital in difficult times to providing tips and techniques for commercial landlords forced to deal with tenant hardship and debt.
We hope you enjoy reading this issue and that you find it useful.
If you would like to know more about any of the topics covered, please feel free to contact the authors directly.