Global Investors Move Out on Risk Curve While Deploying More Capital
Investors are not only beginning to deploy more capital but are also moving out on the risk curve, according to CBRE’s latest Global Investor Intentions Survey. A record 24% of survey respondents are targeting opportunistic and distressed assets in 2021.
Investors in the Americas—where 70% of respondents plan to be net buyers this year—appear to have the greatest risk appetite. Nearly 30% of respondents are targeting opportunistic and distressed assets in 2021, compared with 16% in the 2020 survey.
Meanwhile, those in EMEA appear to be the most risk averse. Investors based in the Asia Pacific region appear to be adopting a two-tier strategy, focusing primarily on core assets but also attracted to opportunistic and distressed assets, CBRE reported.
CBRE sees a disconnect between buyers and sellers in the Americas, with investors buoyed by a healthy U.S. economic recovery and sellers waiting for valuations to stabilize.