WASHINGTON – Jan. 24, 2007 – Global real estate investors say their U.S. real estate investment strategies for 2007 and beyond will include properties traditionally considered to have higher risk according to the results of the 15th Annual AFIRE Survey released by the Association of Foreign Investors in Real Estate (www.AFIRE.org). Survey respondents say that “value-added” real estate is expected to comprise 25 percent of their portfolio in 2007, up from 19 percent in 2006. The survey reflects the buying preferences of members of the association who collectively own $601 billion of real estate globally, including $184 billion in the U.S.
“The findings reflect investors’ desire to invest in U.S. real estate despite macro uncertainties and competition from U.S. institutional investors,” added FranAois Ortalo-Magne, Robert E. Wangard Chair in Real Estate, The Center for Real Estate, University of Wisconsin-Madison. “Consequently, they are showing a greater willingness to consider diversification strategies into secondary markets, outside of the core property types, and with creative financing and ownership structures.”
“The findings reflect investors’ desire to invest in U.S. real estate despite macro uncertainties and competition from U.S. institutional investors,” added FranAois Ortalo-Magne, Robert E. Wangard Chair in Real Estate, The Center for Real Estate, University of Wisconsin-Madison. “Consequently, they are showing a greater willingness to consider diversification strategies into secondary markets, outside of the core property types, and with creative financing and ownership structures.”
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