What Are The Rich Investing In Right Now?

[Justin Moy]

Family offices included in this study had at least a $500MM net worth.

On average these family offices had 9% of their investable cash into real estate and infrastructure.

Within the real estate sector, 30% of family offices reported they plan to increase their exposure to residential real estate in the next year.

Another 30% are looking to maintain their current exposure to residential real estate.

Multifamily was a specific goal for some family offices because of the mixture of low supply and high interest rates which have made housing affordability more difficult for residents. These 2 factors are projected to continue pushing strong demand for apartments and residential rentals.

7% of family offices claimed they plan to invest in more office space. 4% in more retail13% are looking to expand their footprint in industrial with 28% saying they’ll maintain their current exposure.

Other emerging asset classes were data centers, sustainable food production, and biotech.