Fueled by the pandemic that started in 2020, interest rates began to rise from 2022 which has caused swift change across the global commercial real estate market. Competition intensified, while asset managers and investors began to consider new investment strategies. One of the strategies that operators and investors were paying attention to at the time was ‘secondary’. Secondary refers to replacing part or all of the existing investment assets or fund’s ownership structure with new capital, and as the scale of global commercial real estate transactions increases, the secondary market grows accordingly. In order to maximize returns and free up money from long-term funds to adapt to the […]