Global real estate returns positive last three quarters
- Following a two-year reset, global private real estate values ticked up in the fourth quarter. Due to real estate’s stable income return component, total returns have now been positive for three consecutive quarters
- With equities still near all-time highs, many investors are now significantly below their 2021 real estate allocations and below their target weight
- In commercial real estate debt markets, the prospects for lenders to provide loans to underserved borrowers against repriced assets now provides the best risk/reward dynamics seen in the last decade
