In the past few years, demand for private capital for real estate investment and supporting infrastructure has increased enormously.

On the one hand, in the emerging economies, the great migration to the cities, growing population and swelling middle class are creating a need for more urban real estate. In the advanced economies, the cities are also growing, although not so rapidly, while technology, demographics and environmental issues are becoming new value drivers. Real estate as an asset class is changing fast.

 

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