A new survey found that 20% of North American investors are planning to decrease allocations to real estate over this year and next, while 37% of European investors aim to do the same, CoStar reported, citing the 2023 Investment Intentions Survey published Tuesday by a group of investments associations. Almost a quarter of worldwide investors plan to decrease their allocations to real estate in the same period, and only 27% of investors globally are planning to increase allocations during that time, according to CoStar.
Source: Core Real Estate Funds Face $20B Of Withdrawals As Institutions Cut Exposure To Property