The Pension Real Estate Association, Chicago, said institutional investors expect the NCREIF Property Index of total returns to decline this year before bouncing back next year.
Tag: NCREIF
Largest Negative Returns for Institutional Real Estate Since Great Recession
The National Council of Real Estate Investment Fiduciaries reported institutional-quality commercial real estate returned -3.50% for the fourth quarter, the first negative return since the 2020 COVID pandemic and the largest since the Great Recession.
Real Estate Assets Under Management Reaches Record
Total global real estate assets under management reached a record $4.3 trillion last year, surpassing the prior record $3.5 trillion figure achieved at year-end 2020.
Institutional Investors Expect Continued Momentum
Institutional investors expect last year’s commercial real estate momentum to carry over into this year and next, the Pension Real Estate Association reported.
Real Estate Fund Assets Under Management Exceed $3.5T
Real estate assets under management had a record 2019, according to an industry survey.
Industry Briefs
Ginnie Mae, Washington, D.C., issued All Participants Memorandum 20-05 (APM 20-05), announcing expansion of its Issuer assistance programs in response to the coronavirus pandemic.