In April, the real estate sector witnessed a sharp decline in rental income with only 10% to 20% of mall retailers paying their rents according to CBRE estimate.
Forecast for real estate market
Experts believe that the realty market will take months to recover. Even the strongest sectors like warehouses and shops and hospitality sector requires from 12 to 36 months in recovering. But some largest property owners of the world have big plans to make a comeback.
Brookfield making a huge investment
In early May, Brookfield Asset Management announced … Read the rest