In The Wall Street Journal's article Pension Fund Appetite for Commercial Real Estate is Fading Fast, Scott McIntosh shares perspectives on 2022 pension fund commitments in an uncertain market impacted by inflation and rising rates.
From the article:
Demand for property was intense in the first half partly because investors were still returning to the market after the disruptions caused by the early stages of the pandemic, according to Scott McIntosh, a Ferguson director. In the early months of 2022, when inflation was just starting to be more of a concern, numerous investors viewed real estate as a good inflation hedge, he said.
“Real estate was generating strong returns,” Mr. McIntosh said. “We were seeing strong rental growth and strong transaction volume through 2021 and a lot of that momentum flowed into the first half of 2022.”
Read the complete article at The Wall Street Journal.
For additional information, please contact Scott McIntosh.