Many investors and builders are keen to look beyond the short-term turbulence to concentrate on longer-term opportunities. As a result, there are few examples of motivated sellers in the market. Last year inEmerging Trends, we said “everyone desires in” — reflecting the deep and wide investor demand for real estate. This 12 months, we discovered that many traders have moved to the sidelines — or to different forms of property, together with equities and bonds. Lower anticipated returns on real estate are the first trigger, reversing the prior decade’s substantial capital influx driven by compelling risk-adjusted returns.
- If you could
