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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

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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