2022 Real Estate Top 150 ranking: 5
Nuveen Real Estate argues that ignoring structural trends could undermine a cyclical value-add real estate strategy. The firm outlines a different approach, highlighting some of the opportunities in the logistics, office, retail and living sectors.
Read the full ‘Thought Leadership’ article at the link below
With retail and more recently offices falling out of favour with many investors, all eyes are on alternative property types. Among the most popular is self-storage, though as with any opportunity, a key consideration should be to separate the hype from the substance – or at least cyclical from structural drivers.
Private real estate came back down to earth in 2023, hampered primarily by elevated interest rates which weighed on values. Global investment volumes continued to fall throughout the year, with less capital coming into the sector and with buyers and sellers generally unable to agree on price.
When the market turned decidedly negative in early 2022, the strong value-add investment opportunity in the wake of the global financial crisis (GFC) came back to mind for many and inspired a number of real estate players to pursue the strategy. Significant capital has since been raised, but very little of it has been invested to date.
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