Current state of core real estate

July 2024

Recently, three key trends have gained prominence within core real estate, shaping the market and influencing investors’ portfolios.

This research note aims to briefly describe these trends and their impact within the core real estate asset class. Throughout this paper, we use the NCREIF NFI-ODCE as a proxy for the core real estate market given that the funds it is composed of are used by many institutional investors to provide exposure to core real estate.