Analysts turn cautious on real estate stocks amid rising Covid cases
4 min readWeb Exclusive
Going ahead, analysts at ICICI Securities expect consolidation across the industry with market share gains for larger incumbents across real estate asset classes
Topics
Markets | Indian stock markets | Realty
Puneet Wadhwa |
Last Updated at April 12, 2021 10:08 IST
The onset of the second wave of Covid and the ensuing curbs across key economic hubs has had another casualty – the commercial real estate segment. Experts say there is still uncertainty in the realty market with respect to resumption of business as usual (BAU) in the backdrop of rising COVID cases and the ensuing lockdown.
Occupiers, according to JLL – one of the leading real estate consulting firm – continue to adopt a cautious approach, reassessing their real estate portfolios and long-term commitments. The leasing momentum in the coming quarters, they believe, …
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First Published: Mon, April 12 2021. 10:08 IST