While some investors may be hesitant to invest in real estate in today’s environment, our experience shows us that uncertain markets—and investors who remain nimble and ready to deploy capital—often generate the most attractive returns. We believe that cycle is happening now.

Real estate fundamentals for high-quality assets in markets around the world remain healthy. And while macroeconomic forces are uncontrollable, focusing on what you can control—a low acquisition basis, active asset management and operational enhancements—can help drive great outcomes.

We are anticipating opportunities to invest for value in housing, logistics, hospitality, science and innovation, and entertainment. These are stemming from three key themes:

• Demographics and affordability
• Changing consumer preferences
• Deglobalization