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By Mike Sales, Head of TH Real Estate, London

Investors should shift their view of risk in late-cycle real estate

TH Real Estate is part of the giant US Nuveen pension investment manager. Its head, Mike Sales, provides BIE a mid-year outlook on global commercial real estate and what to expect for the remainder of 2018 - particular focusing on risks and opportunities late in the cycle. He says investors should shift their view of risk and commit to future growth opportunities

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Commercial real estate is late in the cycle, meaning compelling risk-adjusted return opportunities are more difficult to find. The cycle could last another year (...)

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