Listed real assets: The path of things to come

Amidst uncertainty resulting from the banking crisis, CBRE Investment Management provides its views for listed real assets.  Listed real estate and infrastructure are advantaged relative to private participants given discounted valuations, strong balance sheets and access to capital.  Even assuming higher finance costs and adverse economic trends, REITs and infrastructure appear attractive.  With a track record of performance toward the end of hiking cycles, after market dislocations, and during economic distress, we are optimistic on listed real assets for investors.