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Despite COVID-19, Global Institutions Continue to Increase Allocations to Real Estate, Finds Hodes Weill & Associates and Cornell University

Press release content from Business Wire. The AP news staff was not involved in its creation. Despite COVID-19, Global Institutions Continue to Increase Allocations to Real Estate, Finds Hodes Weill & Associates and Cornell University December 10, 2020 GMT NEW YORK (BUSINESS WIRE) Dec 10, 2020 Uncertainties related to COVID-19 have not dampened global institutions’ confidence in commercial real estate. In fact, investor sentiment increased for the third straight year, reaching a seven-year high in 2020, according to Hodes Weill & Associates and Cornell University’s Baker Program in Real Estate’s eighth annual Institutional Real Estate Allocations Monitor. ADVERTISEMENT The “Conviction Index” in this year’s survey, which measures institutions’ view of real estate as an investment opportunity from a risk-return standpoint, increased from 5.7 to 5.9. The steady growth in confidence in the asset class reflects the strong returns investors have realized over the last

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