Investors embracing riskier real estate to improve returns

Rising prices and deteriorating yields across high quality real estate across the world is forcing Asian investors to move up the risk curve and become more resourceful about where they can find value. Increasingly, they are turning to assets in retail and logistics, embracing distressed properties, and becoming prepared to take some responsibility for refurbishment as they seek to increase their investment returns. Price discounts to some retail real estate assets after a year …