3.6 How unstoppable trends are redefining real estate Amid macroeconomic difficulties, long- DANIEL O’DONNELL term forces are continuing to create Global Head of Alternative Investments potential opportunities within real estate. JEFFREY LOCKE Global Head of Private Equity ƒ Real estate came under pressure in 2022 from and Real Estate Research inflation and higher interest rates and Management ƒ Unstoppable trends such as digitization are helping to drive certain areas within real estate MEGAN MALONE Head of Private Equity and Real ƒ We also see some areas of real estate as Estate, Americas better placed to cope with inflation ƒ We favor strategies from specialist managers BURKE ANDERSON focusing on multifamily homes, e-commerce–related Head of Real Estate, Americas properties and quality offices in select locations Citi Global Wealth UNSToPPABLe TreNDS | | 72 Investments