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Commercial real estate in the global pandemic
As the health and economic impacts of the coronavirus continue to challenge global markets, it’s clear that commercial real estate is still being affected as much as, or perhaps more than, any other asset class. The effects have been far from uniform, however, resulting in widely divergent performance across real estate subsectors globally. The following analysis, informed by the expertise of Nuveen’s public and private real estate research teams, offers our perspective on the experience of each property type during the pandemic thus far, as well as our near- to medium-term outlook.