Private wealth emerges as a top commercial property player
In the 20th edition of The Wealth Report, we’re revisiting our predictions over the years to see how they’ve fared.
We forecast that private capital would become a dominant force in commercial real estate investment.
We track how and why that prediction was right on the money.
In the first Wealth Report, our Attitudes Survey showed HNWIs were focused on residential property 鈥� CRE accounted for just 2.6%. 16 years later in 2023, the survey revealed 21% of HNWI investable wealth was allocated to commercial property. This trend was influenced by:
- The significant growth of private investor wealth, especially emerging market wealth
- Wealthy individuals taking a more professional, structured approach to investing
