MetLife Investment Management - Thu, 10/12/2023 - 13:35

Fall 2023 Real Estate Outlook - Is This What a Soft Landing Looks Like?


Executive Summary

  • The path to an economic soft landing has widened.
  • The most important update in real estate capital market conditions over the past few months is early signals that transaction activity is thawing.
  • We believe capital markets disruption has created opportunities for higher-yielding real estate debt and preferred equity.
  • Fundamentals generally remain healthy outside the office sector, which could see vacancies rise further next year.

Economic Overview

The first half of 2023 was a whipsaw of economic and real estate data that turned from gloomy to bright and back again, seemingly by the day. As the fog lifts from this noisy backdrop, we believe the case for a soft landing has become more pronounced.

The most notable change over the past few months has been meaningful progress on inflation.


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MetLife Investment Management

MetLife Investment Management (MIM) enables insurance companies to leverage the 150-year history of our parent, MetLife, Inc., and partner together to invest on their behalves. MIM has a long track record of investing for insurance companies globally; we combine this experience with a client-centric approach and deep asset class expertise. Focused on managing private debt, real estate and public fixed income, we aim to create customized portfolio solutions across the risk spectrum, including income oriented, constrained portfolios as well as total return strategies. We listen first, strategize second, and collaborate constantly to meet clients’ long-term investment objectives.

Madhavi Chugh
Managing Director
Institutional Client Group - Insurance
+1-609-216-6691
madhavi.chugh@metlife.com 
 

www.metlife.com/investments
One MetLife Way
Whippany, New Jersey 07981

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