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Comparison shopping: Commercial real estate investors weigh their options
“Not too long ago, investors were looking for their managers to provide exposure to real estate quickly and at scale. Now, investors will want their managers to demonstrate that they have the skills and abilities to be highly selective and find the very best deals,” says Chris Urwin, investment strategist, market analyst and researcher at Real Global Advantage.
The current environment offers many strategies for real estate investment. But with a wide array of available options, investors need to consider the desirability of different real estate strategies, such as core versus value-added or debt versus equity.
One piece of evidence for investors’ opinions on core property investing are the long redemption queues for the open-end core funds of the NCREIF Fund Index – Open-end Diversified Core Equity (NFI-ODCE). Does this mean investors are looking to shift away from core to other private real estate? Are they moving o