“Before 1980, commercial real estate was invisible in institutional investment portfolios. More recently considered an “alternative investment,” today’s institutional investors typically allocate an average of almost 10 percent of their portfolios to real estate, which continues to gain a foothold among limited partners, with enduring implications for the industry. Has real estate joined the big three institutional asset classes — stocks, bonds and cash — as a permanent fourth asset class?” We think so!
Click here to view the rest of the article from NAIOP’s Development Magazine.
