Institutional investors are opting for either a cautious or opportunistic risk and return profile as they reallocate their real estate portfolios between various sectors, says James Jacobs, head of real estate for Lazard’s private capital advisory group.
Nancy Lashine and John Sweeney, managing partners at capital advisory firm Park Madison Partners, discuss why inflation will be a friend to bricks and mortar, and other reasons for increased institutional allocations next year.
Old-school assumptions about intrinsically valuable real estate will be challenged as technology, especially space tech, evolves, predicts ex-Probitas boss Michael Hoffmann.
Institutions continue to seek exposure to logistics assets as retailers adapt to a changing marketplace. Identifying assets that will benefit from structural change is critical, according to James Jacobs, head of real estate for Lazard’s private capital advisory group.