In the search for stable and consistent long-term income, institutional investors and their appointed asset managers are becoming increasingly nimble at adjusting sector allocations to adapt to changing market conditions.

Two property types have already become established safe havens for institutional investors. Industrial and logistics schemes, especially those with high ESG accreditations and positioned close to transport corridors, have benefitted with several institutional investors now forming joint ventures with established industrial developers. In addition, retail parks, which performed strongly during and immediately after the COVID-19 crisis, are now in demand, with many institutional investors divesting from traditional shopping centres into this sub-sector.

A somewhat less discussed area — which has seen a flood of institutional investment — is the living sector. One method to enter into this market is well established, wherein institutional investors w