Presented by Victor Calanog, PhD
Victor Calanog, Head of CRE Economics at Moody’s Analytics, discusses the challenges that the retail sector will face due to coronavirus (COVID-19). From store closures, hits to incomes and values, to the ambiguity surrounding who pays for rent relief, the future is bleak for retail properties. The shift to online channels will likely only accelerate, and the future of brick and mortar has just become much more uncertain.
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Looking for additional insights? Explore our interactive COVID-19 map to analyze the potential impact on commercial real estate markets.
You may also find our website dedicated to COVID-19 to be helpful during this time. Visit moodys.com/coronavirus for our latest research and views on the credit and economic impact of COVID-19. This site brings together insights from across Moody’s to help you better understand the financial implications of the outbreak.