Analyses
Global Real Estate: One Size Doesn't Fit All
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Tales From the Emerging World
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août 29, 2023
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août 29, 2023
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Global Real Estate: One Size Doesn't Fit All |
In June, one of New York’s most prominent real estate owners ceased making payments on a $240 million loan and instead handed back the keys to 61 Broadway, an iconic building near Wall Street with 40 stories of office space. It was the latest in a succession of major institutional owners choosing to walk away from trophy buildings and costly mortgages as they wrestle with post-pandemic changes in workplace habits. But beyond the headlines, the story of global real estate is more nuanced.
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Head of Macro & Thematic Research, Emerging Markets
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Audrey Muhirwa
Analyst,
Emerging Markets Equity Team
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