The past 18 months have been something of a wild ride for global real estate investment markets. The sharp rise in global interest rates that took hold in the second half of 2022, on the back of a pick-up in global inflation, is driving a reset of real estate values.
Real estate repricing is occurring at different speeds around the world and will be different across both regions and sectors. In this Global Outlook, PGIM Real Estate identify the distinct and highly varied structural and cyclical investment opportunities that exist within each region around the world.
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