Commercial Property News
Post-Covid, the trend towards home working has caused a massive downturn in city/Town centre office use, and that decline has not shown signs of rectifying itself as quickly as most property and economy commentators anticipated. Covid. 2020. Lockdown. Town and city centres are empty. Overnight, small businesses that relied on the trade of office workers to keep them open – the lunch shops, cafe bars, street vendors – went out of business. Commercial property leasehold and freehold operations ground to an immediate halt. After all, who needs to buy of