The institutional real estate investment market may have hit bottom and be on its way up, with transaction volume up in the fourth quarter of 2024. A report published in the May issue of Institutional Real Estate Americas, “New playbook: Institutional investors reevaluate their asset investments,” by Tiffany Gherlone, head of Real Estate, Research & Strategy – US, UBS Asset Management, Global Real Assets, and Frances Osei-Bonsu, research economist for Real Estate US, UBS Asset Management, Global Real Assets, analyzes the roles public and private real estate equity and credit could play in investors’ portfolios in the current developing market conditions.
“After more than two years of adjusting to higher interest rates, capital returns in most sectors turned positive during the second half of 2024,” says the report. “Improving capital market conditions and stabilizing debt costs supported commercial real estate transaction activity during the fourt