The 2025 Annual Investor Survey found an industry caught between those who saw a real estate recovery under way and those who pointed to darker clouds on the horizon — a battle between hope and fear. Investors were 1 percent below target allocations to real estate but had put out more capital in 2024 than in 2023. Still, as the year began, investors raised concerns about geopolitical tensions and economic uncertainty.
What is the outlook for 2026, as commercial real estate valuations have reset and interest rates begin to moderate, and how has that shaped your expectations and plans for the coming year?
To complete the 2026 Annual Investor Survey, please click here.
This survey link saves responses, allowing respondents to return and complete it later.
If you prefer to complete the survey in a Word doc or PDF, here are the links to download:
Word doc
PDF
Survey Breakdown
As you may be aware, the Institutional Real Estate, Inc. Annual Investor Survey is the gold standard of global investor sentiment for the entire industry for the past 29 years. Last year, we received responses from 153 institutional investors from around the globe. This year, we’re looking forward to your participation and sharing the survey’s results and insights with you. We are excited to discover what trends will emerge in 2026, and we need influential investors, such as yourself, to work with us by participating in the 2026 Annual Investor Survey.
To view a copy of the full 2025 report, click here.
Thank you in advance for your time and participation. A copy of the full 2026 report will be sent to all survey participants. In addition, respondents employed by qualified investment institutions (pensions, foundations, endowments, sovereign wealth funds, insurance companies, and family offices) will be offered complimentary publication subscriptions and complimentary registrations to 2026 Visions, Insights & Perspectives (VIP) Americas.
Respondents employed by managers of managers/fund of funds and other investment advisors will also be offered complimentary publication subscriptions and a 50% discount on their registrations to 2026 Visions, Insights & Perspectives (VIP) Americas.
If you have further questions regarding the survey, please contact Karen Palma with Institutional Real Estate, Inc. at k.palma@irei.com.