The COVID-19 pandemic is hitting the global economy hard, with all real estate sectors in the Czech Republic affected to varying degrees. But in the subsequent low interest rate environment, Czech real estate as an asset class should continue to offer superior returns, according to the latest research from Savills.

Cushman & Wakefield summarised the latest progress and impacts the Czech Republic’s real estate sector is facing due to the coronavirus outbreak.

Globalworth released its annual financial reports for 2019 and issued a COVID-19 statement. Since the beginning of the year, Globalworth has further improved its liquidity, which is currently close to €600 million of available cash.

Colliers International in CEE intends to update some of the more rapidly changing data and market sentiment on a weekly basis and then to provide Q1 market sector updates as they become available or as they develop. Below is this week’s summary.

CPI Property Group has prepared an update for its stakeholders regarding the Group’s response to the challenges posed by the COVID-19 outbreak.

Institutional investors expect that so-called ‘green’ lease clauses will be universally implemented in the real estate industry before the end of this decade, according to a new research by Savills Investment Management.

CA Immo presented its financial results for 2019 with a significant increase in recurring earnings (+13%) and rental income (+15%).  The company expects challenging conditions on CA Immo's core markets due to COVID-19.

MIPIM announced that its 2020 edition, previously scheduled to take place June 2-5 in Cannes, is transforming into a two-day, Paris-based gathering in September and an online platform, MIPIM Connect, available year-round. The next edition of MIPIM in Cannes will take place March 16-19, 2021.

Property Forum’s first virtual event will bring together influential investors, bankers and advisors to analyse the potential short- and long-term impacts of the coronavirus crisis on property investments in the CEE region.

Although the coronavirus pandemic has the world (and the property sector) facing an unprecedented challenge, one positive consequence seems to be certain – it is going to accelerate the adaptation of technology. Property Forum asked three people in proptech to share their thoughts on how COVID-19 is going to impact the way we work and connect to each other.