Pathways

Delivering innovative ideas and insights

Global real estate: Approaching the turn

 

*For investment professional and institutional investor use only. Not for use with the general public.

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Selective opportunities

New trends are presenting themselves in private markets, including in the logistics sector despite a sharp lift in the cost of capital in 2023.

Varying speed across sectors

Higher capitalization rates are creating better entry points for new investments, boosting unlevered expected returns from cyclical lows.

Labour markets

Rising rents have partially helped to offset the negative impact of cap rate expansion on returns across most property types.

Lower new supply

Higher interest rates and construction costs alongside tighter lending standards are causing new development starts to fall back.

Global thematics

Digitalisation, demographics, deglobalisation and decarbonisation continue to impact the demand for real estate and capital flows.

With interest rates falling and global growth stabilising, opportunities are emerging in global real estate. Hear from Macquarie Asset Management’s panel of experts as they discuss the outlook and how investors should position to take advantage of current market pricing.

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PATHWAYS PODCAST

Real assets: Terra firma in a volatile year

Macquarie Head of Research Daniel McCormack details the landscape for real assets in 2023.

 

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Conversations and innovative insights about real assets, private markets and macroeconomics, intended for global institutional investors.

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Follow Pathways on your favourite podcast listening service.

“Pathways provides market leading analysis on real assets and private markets to help investors navigate these new and rapidly growing asset classes.”

Daniel McCormack, CFA
Head of Thought Leadership

Pathways is our flagship private markets thought leadership publication. It is focused on two main subjects: (1) real assets investing and (2) sustainability and the path to net zero and what that implies for investors.


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*For investment professional and institutional investor use only. Not for use with the general public.


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