For generations, real estate has provided one of the sturdiest bulwarks against money inflation, whether in stagflationary slumps or price-surging boom times. In general, in the United States, over most periods, property has outperformed inflation while throwing off income along the way.

Investors expect the valuation opaqueness to begin to clear up in 2024 as the economic outlook solidifies, debt maturities lead to forced sales, transaction volumes pick up and asset valuations become more understood.

Economic uncertainty, capital cycles and secular trends are creating an intricate landscape across the global real estate asset class, where remaining ahead of market trends is essential.

The most common complaint I hear from CIOs and real estate investment officers around the globe is that they are overwhelmed by the demands on their time. This is true even for those blessed with large staffs — although for most of you, you are also plagued with a lack of sufficient staff resources.