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.Read More From MetLife Here

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Contacts

MetLife Investment Management

MetLife Investment Management and PineBridge Investments now have more to offer as a top-tier global investment platform. With more than 150 years of insurance heritage, we combine the strength of a global, top-tier investment manager with expanded capabilities across multiple capital frameworks. We offer life, property & casualty, reinsurance, and healthcare clients a broad range of total return, income, and yield-enhancing solutions. Backed by $122B in insurance Client AUM1, our expertise spans fixed income, private credit, real estate, equities, and multi-asset strategies. Our proprietary origination and structured deal flow help insurers improve liability alignment, balance-sheet resilience, and capital efficiency, supported by teams across 19 countries.

Madhavi Chugh, CFA
Global Co-Head of Insurance Solutions
madhavi.chugh@metlife.com
(609) 216-6691

Jeannine Heal, CFA
Global Co-Head of Insurance Solutions
jeannine.heal@pinebridge.com
(732) 778-4734

MetLife Investment Management
One MetLife Way
Whippany, New Jersey 07981

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