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Pensions & Investments: Investment Outlook 2026 - Rising tide to raise Global Commercial Real Estate

2026 is shaping up as a more constructive environment for commercial real estate, with economic growth holding around 2%–2.5% while inflation decelerates and the Fed shifts toward a more neutral stance—an unusual mix that historically supports positive-beta assets like CRE. For investors, the opportunity is to get granular and selective across sectors (from data centers and modern industrial to overlooked retail and secondaries), using data-driven underwriting to capture dislocated pricing and build resilient income as the cost of capital trends lower — read P&I Investment Outlook 2026.