Hazelview Investment’s 2021 Global REIT Outlook explores the expected trends and opportunities.
2020 was a year unlike any other, bringing unparalleled global challenges and hardships. From peak to trough, global equity markets lost a combined ~$27 trillion USD in market capitalization in the first quarter - nearly the combined GDP of the European Union and China. It took just 16 days for the U.S. to enter a bear market, quicker than 1929 and second only to the Black Monday crash of 1987. Global REIT share prices were not exempt from the selloff, declining 42%.