Beruflich Dokumente
Kultur Dokumente
• Class A
• Vacancy rates were at 4% as of Q1 2020, and could expand by 170-basis points by 2024
• Absorption was already negative in Q1 at-16 and will not rebound until 2022
• Little to no deliveries are not expected for the next two years and will pick up in 2022
• As of now we have pushed back all under construction projects out an additional three months
• Class B
• Vacancy was already elevated at 6% at the close of Q1 2020
• Vacancy rates are projected to rise to almost 7% by 2024
• It will be hard for demand to recover and is expected to be negative up until 2024
• Similar to Class A, no deliveries are expected
• Class C
• Vacancy rates are the lowest out of all classes, but can expand by 220-basis points by Q4 2024
• Absorption has been negative since the beginning of the year and will stay that way until 2024