New report reveals 98% of investors plan to expand their
portfolios
TORONTO, Jan. 18, 2021 /PRNewswire/ -- Leading diversified
professional services and investment management firm Colliers
International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) reveals
investors are largely optimistic about a market rebound in 2021,
according to its new Global Capital Markets 2021 Investor Outlook.
Colliers' research anticipates a 50 per cent surge in investment
activity in the second half of the year, pointing to a broad-based
renewal of confidence in the property market as a result of recent
vaccine developments and continued government stimulus.
"Based on our global analysis, which gives us a bird's-eye view
of investors' interests and expected appetite, longer-term
tailwinds in the property sector remain intact. With a massive
volume of equity raised globally and the need for real assets,
investors are eager to deploy pent-up capital and pursue
opportunities during the year," said Tony
Horrell, Head of Capital Markets | Global at Colliers
International. "We expect to see movement up the risk curve this
year, with investors exploring all types of assets from senior care
homes to public infrastructure projects."
The report, which drew nearly 300 respondents including major
institutional investors, listed property companies, sovereign
wealth funds, private equity funds, family offices and third-party
money managers, indicates 98 per cent of investors across all
regions aim to expand their portfolios, with approximately 60 per
cent looking to expand by more than 10 per cent. Furthermore, 67
per cent of survey respondents in EMEA and 88 per cent of those in
the U.S. are planning their next investment as early as the first
quarter of 2021.
Additional key takeaways from the Colliers Global Capital
Markets 2021 Investor Outlook report include:
- Top-tier city offices remain a primary asset
target. Investors with international capital find the
scale and liquidity of the office sector in major commercial hubs
such as New York, London and Sydney appealing. Having office assets that
meet health, sustainability and technical benchmarks is important
to investors.
- Logistics and living sectors are thriving. Both
sectors were among investors' top three choices across all regions.
Intense demand for these assets will require investors to broaden
their geographic focus and build portfolios through joint venture
platforms and local partnerships.
- Opportunities to repurpose discounted retail and hospitality
assets. Investors are expecting to see pricing discounts
of over 20 per cent in these sectors. They represent a rare
opportunity to acquire core and distressed assets for ambitious
repurposing initiatives.
- Alternatives, platforms and partnerships are playing a
bigger part. Rising demand for alternative assets such as
data centres, senior living and life science assets reflects
broader structural shifts amplified by the pandemic.
For more details, the full Colliers Global Capital Markets 2021
Investor Outlook is available for download at
corporate.colliers.com.
About Colliers International
Colliers International (NASDAQ: CIGI) (TSX: CIGI) is a
leading diversified professional services and investment management
company. With operations in 68 countries, our more than 15,000
enterprising professionals work collaboratively to provide expert
advice to maximize the value of property for real estate occupiers,
owners and investors. For more than 25 years, our experienced
leadership, owning approximately 40% of our equity, has delivered
compound annual investment returns of almost 20% for shareholders.
In 2019, corporate revenues were more than $3.0 billion ($3.5
billion including affiliates), with $33 billion of assets under management in our
investment management segment. Learn more about how we accelerate
success at corporate.colliers.com, Twitter @Colliers or
LinkedIn.
MEDIA CONTACT:
Andrea Cheung
Global Manager, Communications
andrea.cheung@colliers.com
+1-416-324-6402