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
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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.
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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.
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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.
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Real Estate Fund Assets Under Management Exceed $3.5T
Real estate assets under management had a record 2019, according to an industry survey.
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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.