Commercial real estate prices and COVID-19

Purpose The article analyzes the effects of coronavirus disease 2019 (COVID-19) pandemic on commercial real estate prices, with a particular focus European markets. Design/methodology/approach authors start by highlighting caveats to bear in mind when referring direct indices. then analyze behavior prices during pandemic, emphasizing differences across property types. For that purpose, use data for both and listed further discuss changes main factors affecting pricing. turns discussing likely trajectory future. Findings report retail hospitality properties lesser extent office buildings have been affected most COVID-19, while residential industrial sectors less crisis. maintain future will vary type location assets become increasingly important their valuation. Originality/value This paper provides better understanding COVID-19 pandemic.