According to Kathy Feucht, global real estate leader at Deloitte, commercial real estate investors planned to reduce costs by around 25% in 2021.
While the start of 2021 did not promise a positive outlook, experts suggested commercial real estate would stabilize by the end of the year. According to Kathy Feucht, global real estate leader at Deloitte, commercial real estate investors planned to reduce costs by around 25% in 2021. However, there were many surprises over the last year, including increased demand for industrial properties.