Finance

Real estate hardest hit by Covid-19 according to latest data

By 2020-04-17T08:00:00

Empty construction site

Source: Shutterstock/Daniel Tadevosyan

Real estate has been the hardest industry hit during the Covid-19 pandemic, according to the latest Red Flag Alert report from Begbies Traynor.

The number of companies in the real estate and property sector experiencing significant financial risk increased 6% in the first three months of 2020, which includes the beginning of the health crisis lockdown.

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