Banner with pattern
Macro and capital markets, Portfolio construction, Real estate performance, Sector outlooks

ISA 2020

January 13, 2019
The city as seen through the lens

In the 26th edition of the Investment Strategy Annual, we address the five themes that will shape the real estate investment environment for at least the next three years and likely longer. Some assets and strategies amplify these trends and will deliver “high beta”, others are much more insulated from all the noise and should be considered “low beta”.

Mastering the simultaneous need for fast/intuitive and slow/careful thinking becomes an important skill to develop in the speeding-up world of real estate, in a slowing-down economy. We review techniques to help investors determine portfolio objectives. We present our outlook for the property types and countries that are the most attractive. We share our best investment ideas.

Our macro outlook for 2020 indicates that the global economy will be slowing, which means that rent growth, leasing and other drivers of real estate income could downshift to a lower gear. Yet, slow growth means that interest rates could also stay low and contribute to elevated asset valuations.

Related research

Glazed skyscrapers against the sky
Dec 29, 2022 Private real estate appreciation moves negative as re-valuation starts
Dec 06, 2022 ISA Outlook 2023 A Higher Standard Investors ask more of real estate in several different directions all at once.
Interactive world map
Nov 01, 2022 Inflation, energy and real estate Inflation has moved rapidly from overlooked to top-of-mind this year.

No results found

Make sure you’ve spelled everything correctly, or try searching for something else. If you still can’t find what you’re looking for, you can always Contact us to talk to someone.