- April 1, 2009: Vol. 1, Number 4

To read this full article you need to be subscribed to Institutional Real Estate Asia Pacific

Real Estate Secondaries: The Best Is Yet to Come

by Marc Weiss and Bastian Wolff

The current economic downturn and the global financial credit crisis have impacted asset classes in all regions around the world, and the real estate sector has not been immune. Nonetheless, investment strategies targeting distressed investments are in vogue, and a secondary investment strategy will be a major theme for 2009 and beyond.


The value decline in public equities and other publicly traded asset classes has greatly increased certain institutional investors’ relative exposure to real estate. Whereas during the past few years many institutional investors were chasing their allocation to real estate, those that were more aggressive at deploying capital now find themselves at or above their targeted allocation. Although it is widely recognized that changes in private real estate valuations lag changes occurring within the public markets, new capital for traditional real estate investments may be temporarily sidelined pending how long

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy