PERE: LOOK AHEAD 2022 - Real estate secondaries are ‘at an inflection point’
Covid-19 has led to an uptick in real estate secondaries activity, but not the kind most might have assumed at the onset of the global pandemic.
Instead of investors scrambling to unload troubled fund positions and rebalance their portfolios, the surge in transactions has largely been led by managers looking to recapitalize their vehicles and, in some cases, expand their holdings.