Family Offices to Increase Real Estate Bets Ahead of Rebound
- Almost half surveyed say they’ll raise allocations to sector
- Residential, industrial properties top priority, report finds
This article is for subscribers only.
Nearly half of family offices said they plan to increase allocations to real estate in coming months, with an emphasis on residential and industrial sectors, according to research from Knight Frank.
Most such firms see property investments as a medium- to long-term strategy that can grow and preserve wealth, according to the latest Knight Frank Wealth Report, which surveyed 150 single and multifamily offices globally that managed an average of $560 million each.