While this cycle continues to see an extraordinary level of capital targeting real estate around the world, the pace of growth appears to have moderated. As the real estate cycle enters a stage of maturity in many key markets, investor focus has shifted from raising new funds to identifying and deploying capital already allocated to the sector. Growth in the real estate sector over the last 10 years has been impressive, but real estate still lags behind the bond and stock markets in market capitalisation terms. We see significant potential for further maturity and growth in the sector as investors continue to seek out opportunities in new cities, sectors and platforms.
Source : Cushman & Wakefield