PwC/ULI 2026 Real Estate Outlook Highlights Shift to Asset, Submarket Level Focus

PwC/ULI 2026 Real Estate Outlook Highlights Shift to Asset, Submarket Level Focus

Author: Nareit December 5, 2025 Duration: 16:06
Andrew Alperstein, real estate partner at PwC, joined the REIT Report to share findings from the Emerging Trends in Real Estate 2026 outlook, produced with the Urban Land Institute. A major trend highlighted in the outlook is the shift away from a sector-based investment focus to one that drills down to the asset and submarket level. Alperstein explained that value creation in the real estate sector has reflected financing and lower cap rates. Going forward, “what we expect is that a lot more...

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