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With solid occupier market fundamentals and potential high-income returns, we favour Austrian retail parks. Whilst many institutional investors focus on high streets and shopping centres, we believe the yield spread for retail warehouses is attractive and will outperform over the long term.
Our latest outlook includes our more detailed map of the economic and market landscape at midyear 2023, with directions to investment destinations where the water may prove warmer and more inviting than in others — provided swimmers exercise caution and stay aware of their surroundings.Global Investment Committee
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1As of 31 Mar 2023. Nuveen assets under management (AUM) is inclusive of underlying investment specialists. Totals may not equal 100% due to rounding.