Kingston, Jamaica — 15 March 2026
Large institutional investors around the world are beginning to reduce their target allocations to real estate for the first time in more than a decade, according to a new report from PwC and the Urban Land Institute (ULI), signalling a shift in how global property markets may be financed in the years ahead.
The report indicates that while global real estate transaction volumes rose 14 per cent to approximately US$888.6 billion, suggesting renewed market activity after the slowdown caused by higher interest rates, major pension funds and institutional capital providers are becoming more cautious about expanding their exposure to property assets.
For Jamaica, where real estate investment is increasingly influenced by international capital flows, shifts in global investment strategies can have important long-term implications for development financing, housing supply, and the structure of property markets.
A Changing Investment Landscape
For more than a deca…
