Institutional appetite for real estate investment reaches seven-year high
Global institutional investors are expected to allocate $80bn (€72bn) to $120bn of capital to real estate over the coming years as demand for the asset class reached a seven-year high.
According to the latest report from Hodes Weill & Associates and Cornell University’s Baker Program in Real Estate, despite ”concerns about asset valuations and weakening economic growth”, the appetite for commercial real estate among institutions has reached its highest level since 2013 – the year in which the survey was first conducted.
This marks the second straight year that confidence in the asset class has increased after five years of steady decline, the report said.
Read the full article here.