The Investor: Global Allocations Monitor
European institutions are significantly under-invested in real estate, which is resulting in greater capital flows into the sector. This is one of a number of findings from the 2013 Institutional Real Estate Allocations Monitor, which was conducted by Cornell University’s Baker Program in Real Estate and Hodes Weill & Associates.
Institutional allocations in Europe are expected to increase, indicating that the pace of annual investments is likely to continue to accelerate well beyond 2014. Cross-border capital flows to Europe are expected to rise as the UK and continental Europe have returned as desired destinations for both domestic and international capital, as real estate fundamentals recover from the depths of the global financial crisis.