Now, all of us should aware that government had announced for a lot workplaces to be closed on Tuesday and school to closed on Wednesday until 4th May. There are quite some numbers of companies are exempted though. From what I see, this closure is more on retail and office instead of industry and logistics.Extracted from Ministry of Trade & Industry Facebook PageDue to this COVID-19, hospitality REITs get the first impact, people couldn’t travel due to travel restrictions imposed by different countries. This followed by retail REITs which affected due to tourism, social distancing and now closure of non-essential services. Office REIT would be affected too, though some can be mitigate with “work from home” practice. If this situation continue, eventually industrial and logistics would be impacted more than now as well. With this, I would like to share my thoughts on what I will focus more and less for

Advertisements