Investors favor real estate, especially core properties
Not only are the vast majority of investors satisfied with their real estate investments, they also think the asset class will provide the greatest risk-adjusted return in 2013. These are positive signs reflective of the ongoing turnaround in the real estate asset class.
“We’re seeing some rays of sunshine peeking through the clouds,” notes Geoffrey Dohrmann, president and CEO of Institutional Real Estate, Inc. “But the bottom line is that four years after the global financial crisis, the market and investors are still feeling its effects.”
According to Tax-Exempt Real Estate Investment 2013,the 17th annual survey of U.S. plan sponsors conducted jointly by Institutional Real Estate, Inc. and Kingsley Associates, 73 percent of investors are satisfied with the performance of their real estate portfolios, an improvement from