ZACH RIAZ MANAGED FUNDS
Despite the resilience of the global economy in the face of aggressive interest rate hikes, investors are debating the source of the next market, and economic, shock.
A leading candidate is the stress in the US, and global, commercial real estate (CRE) sector. This represents a downside for global investors and has implications for Australian real estate investment trusts (A-REITs).
In our discussions with global investors, we hear concerning anecdotes about offshore CRE markets, such as property transactions happening at a deep discount to the last sale price.
Global policymakers are aware of these issues and their ramifications.
