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Coronavirus impact on real estate

While the Coronavirus could result in some delayed decision making, there should be no significant adverse impact on office absorption in 2020, says a report by Colliers International India While India has been less affected by the Novel Coronavirus (COVID‐19) than east Asia, since March 2, 2020, the virus has been spreading in the country. This situation highlights the importance of wellness and technology in the workplace. In its latest report ‘ COVID-19 : Impact on India Real Estate ’, Colliers India Research has some key recommendations for occupiers and landlords. “We expect India’s economy, which has slowed but is still robust, to underpin office leasing demand. While there could be some delayed decision making, there should be no significant adverse impact on office absorption in 2020 as pre‐commitments should mature this year with the completion of new buildings. We recommend occupiers to consider a flex and core strategy for their workplaces and if required, even split...

coronavirus vaccine Found more Likely by Scientists

JERUSALEM : Scientists in Israel are expected to announce in the coming days that they have completed development of a vaccine for the new coronavirus COVID-19, according to a media report here. Israeli daily Ha'aretz, quoting medical sources, reported on Thursday that scientists at the Israel's Institute for Biological Research, supervised by the Prime Minister's office, have recently had a significant breakthrough in understanding the biological mechanism and qualities of the virus, including better diagnostic capability, production of antibodies for those who already have the virus and development of a vaccine. The development process, however, requires a series of tests and experiments that may last many months before the vaccination is deemed effective or safe to use, the report said. The Defence Ministry, however, did not confirm the same in its response to the daily. "There has been no breakthrough in the efforts of the biological institute to find a vac...

How does the new coronavirus spread? - Padmasri Townships

The new  coronavirus  SARS-CoV-2 appears to be fairly easily spread. But the good news is that it's not among the most transmissible diseases out there. The new coronavirus spreads mostly through person-to-person contact within about a 6-foot (1.8 meters) radius, according to the Centers for Disease Control and Prevention (CDC). People with COVID-19, which is the disease caused by the coronavirus, spread viral particles through coughing and sneezing. The particles can land in the mouths or noses of those nearby.  It might also be possible to catch SARS-CoV-2 by touching a surface where the virus has recently landed and then touching one's mouth, nose or eyes, but CDC officials believe this method of transmission is less common.  Some corona viruses can live on surfaces for days, but not much is known about the new corona virus ability to survive on surfaces. Fortunately, ethanol, hydrogen-peroxide or bleach-based cleaners are effec...