Research
Alternative today, mainstream tomorrow
Investors are turning their attentions to alternative assets, and for good reason
Between 2004 and 2014, the share of real estate in investors’ portfolios grew from 3.4% to 7.9% of total assets, according to the Pension Real Estate Association (PREA).
Despite approximately doubling, allocations are often below investors’ targets. Nevertheless, investors once viewed real estate, as a whole, as an ‘alternative’ asset, but now see the asset class as an integral part of institutional portfolios.