SPONSORED: Climbing construction costs have implications for real estate investors

The housing boom, disruptions in supply chains and a global recovery from the economic effects of the pandemic are among the causes of surging construction costs. In a report titled, Surging construction costs: Implications for commercial real estate, published in the October issue of Institutional Real Estate Americas, authors Tim Wang, managing director and head of investment research, and Julia Laumont, vice president, investment research, both of Clarion Partners, break down what the increased costs mean for institutional investors in commercial real estate, by sector. To read why they do not think the increased construction costs will slow demand for class A space, access a pdf of the Sponsored Section, here.