Newmark Expert Contributes to Online Article Highlighting COVID-19's Impact on Site Selection

Newmark Senior Managing Director, Gregg Wassmansdorf, was recently interviewed as part of a Pharmaceutical Technology online article titled COVID-19 to Shake Up Site Selection Decisions

Excerpt below. 

"Investors are looking to diversify their global footprint amid the Covid-19 pandemic in an attempt to eliminate concentration risks. However, transforming a company’s operations and deciding on new site locations requires extra resources, at a time when cost cutting is at the top of the agenda for most organisations.

The pandemic has created a stir among the economic development community, resulting either in a pause in investment projects, or investors reconsidering their strategic footprint and taking a different approach towards organising their business."

Read the full artilcle, COVID-19 to Shake Up Site Selection Decisions

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