Last 12 months inEmerging Trends, we mentioned “everyone wants in†— reflecting the deep and wide investor demand for real estate. This yr, we found that many traders have moved to the sidelines — or to different types of belongings, together with equities and bonds. Lower anticipated returns on actual estate are the primary trigger, reversing the prior decade’s substantial capital inflow driven by compelling risk-adjusted returns. Nevertheless, the US Securities and Exchange Commission is forging ahead, as evidenced in its May 2022 ESG disclosure regulations. They require larger disclosure and transparency, as well as enhanced consistency in reporting, so as to go beyond trade self-regulation.
However, we do not anticipate a mass departure from workplace buildings going ahead — even beneath the most pessimistic situations. Most employees are still not back within the office nearly as often as they have been before the pandemic. Various sources suggest that less …