Industry NewsNews Brief

Wealthy investors regain appetite for property

From Global Edge
Published on Dec 1, 2009

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by CareyBot

Confidence in the real estate sector is returning among high-net-worth individuals, according to a new survey from Barclays Wealth.

Over the next two years, 35 percent of the survey's respondents said they plan to increase the proportion of their portfolios dedicated to real estate, excluding their primary residences.

The average allocation to real estate among respondents was 28 percent internationally and 23 percent in the U.S. Investors in nine out of 10 countries expect to increase their allocation to real estate by 1 percent to 4 percent over the next two years, raising the global average allocation to 30 percent.

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