We expect public infrastructure equities to perform similarly to developed market equities in 2025, propelled by supportive regulations for energy transition and strong demand for power infrastructure to fuel AI. While we believe US REITs should underperform US equities, US private real estate funds raised in 2025 should generate above-average returns, benefiting from distressed deals and solid fundamentals.
We expect REIT and public infrastructure performances will improve, given undemanding valuations and our view on interest rates. We believe private infrastructure funds will perform well, and we think nuclear energy will emerge as a small but important opportunity.
We expect energy equities will be resilient due to underinvestment in recent years. So, we don’t think investors should underweight this economic sector in the near term despite some long-term headwinds from decarbonization efforts. In real estate, we think offices may finally offer some attractive opportunities for the discerning investor.
No. While increased remote working will certainly be a headwind for office demand, the notion that it will result in the “death of the office,” as some reports have suggested, seems unlikely given a number of mitigating factors.
Insights into key metrics for private US real estate managers and how they have evolved over time.
Insights into key metrics for private US real estate managers and how they have evolved over time.
In this edition of Real Asset Dynamics, we analyze the returns of Cambridge Associates’ indexes of private real estate funds over various time horizons and offer our views on what investors can expect in private real estate going forward. Global private equity real estate continues to generate decent returns, earning 1.5% in second quarter 2016…
This new publication will discuss trends in real assets, with a primary focus on private strategies (agriculture, energy, infrastructure, metals & mining, property, and timber) using Cambridge Associates’ unique dataset. Each edition will bring you insights from the leaders of our real assets research on what they think about an aspect of this market today. This first edition shares our views on the amount of capital raised by private equity funds to take advantage of the oil market dislocation.
A look at the growth of the 2006 U.S. real estate and REIT markets. Report covers private real estate, public real estate securities, the various property sectors (office, apartment, retail, industrial, and hotel), as well as provides strategy suggestions for investors in the real estate market.
This report examines the diversification benefits of oil and gas, entry/exit prices, risks (“dry-hole,” liability, and tax), implementation issues, and investment manager evaluation criteria.