Which commercial property class has performed best in 2023?
While retail and office have been the laggards in the commercial property sector, one asset class remains in high demand and is delivering strong investor returns.
A shift to online retailing and work-from-home arrangements has had a profound impact on the commercial property sector. (Image source: Shutterstock.com)
Retail and office markets have floundered in the wake of the pandemic for many of the same reasons the industrial property sector remains the most sought-after asset class.
The Covid-era flight from offices to spare bedrooms and dining room tables also saw consumers turn in increasing numbers to online retailing. Neither of these trends has been completely undone, as workers and shoppers alike have become more familiar and satisfied with the new…
