A new investment cycle is underway in real assets as higher financing costs and geopolitical uncertainty encourage institutional investors to deploy capital more selectively, with the strongest conviction focused on residential living sectors and infrastructure, according to PATRIZIA’s sixth annual global investor survey.
The benchmark survey of real assets markets, representing close to €1 trillion ($1.1 trillion) in capital, suggests that while investors remain cautious, conviction is returning in sectors supported by resilient demand, long-term structural trends and stable cash flows. Residential and modern living remain the preferred areas within real estate, while infrastructure continues to attract growing investor interest, particularly in sectors linked to energy resilience and digital infrastructure.
As a result, capital deployment is becoming increasingly selective. Investors are placing gr
