Residential
While the residential sector continues to appeal to the industry due to its defensive fundamentals, investors are aware that housing remains a political hot potato.
Elsewhere, logistics retains its lustre as a pandemic winner, while the appealing income profiles of data centres, new energy infrastructure and life sciences all underline the continued enthusiasm around alternatives and operational real estate.
Commercial
Perhaps unsurprisingly, the survey confirms that the hegemony of offices and retail is over in terms of allocations, whereas there is a feeling of “wait and see” around the office sector.
Some respondents are enthusiastic about the future of flexible, prime assets, while others envisage an inevitable contraction in overall demand.