Pyrinas Quarterly Digest – 2020 Q1
Amid the outbreak of Coronavirus, business in stock markets, global manufacturing, transportation and cross-border supply chains underpinning many aspects of international trade and commerce are greatly influenced, and that the global economic growth could be cut by half (Richard Partington and Phillip Inman, 2020). Commercial properties are about to slide further into the doldrums as the coronavirus epidemic saps demand. Nevertheless, against all odds, the virus gives rise to the already soaring demand from healthcare providers for commercial real estates. Aeneas Group’s wholly-owned subsidiaries, Pyrinas Real Estate Management – recently published their first Pyrinas Quarterly Newsletter of the year. In this newsletter, we discuss the potentials of medical centres and how clinics add value and resilience to the valuation and prospect of commercial real estates in a global perspective.