Source: CBRE
Despite a tumultuous 2020, a degree of investor optimism has returned as 60% of investors expect to step up purchasing activity in 2021, according to our Global Investor Intentions Survey. What is the outlook for the multifamily/residential sector? Three key findings:
Multifamily ranked the second most preferred investment asset class
Only 23% of multifamily investors expected any pricing discount
ESG was rated the third highest priority for investors