For the last two years, the CRE markets have wondered when the big money — the reported huge amounts of capital sitting on the sideline — would re-enter.
Well, we might have our answer now. Head of U.S. equity at PGIM Real Estate Soultana Reigle recently told MarketWatch that big investors seem to be considering potential investments, which is the first step to them getting back in regularly. It would be a market bottom.
"From a valuation perspective, what has been evident to us is that we are flattening out," Reigle told MarketWatch. "People are anxious about missing a window."
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
