Riding the trends: Anything that makes life less complex for investors
Real estate is finding itself whipped back and forth as competing market forces sweep across Europe — and pretty much the rest of the world as well. It has taken investors several years (time really does fly) to get their arms around the market changes brought on by the financial crisis, but getting their arms around them they are — and new investment trends are beginning to become apparent. How these trends will affect real estate is the topic of conversations around many portfolio manager desks — with no concrete answer in sight.
This past summer, Mercer released its 2013 European Asset Allocation Survey. The survey covered more than 1,200 pension plans from 13 countries, with total assets of more than €750 billion. Not all of these plans invest in real estate — the survey was an overview o