I would like to: Close Panel
  • Advanced Search
  • Sell Form
  • Rent Form

Blog

Millionaires See Real Estate as Top Investment for 2014

February 12, 2014
1200x-1

By Margaret Collins and David M. Levitt

U.S. millionaires see real estate as the top alternative-asset class to own this year, according to Morgan Stanley. (MS)

About 77 percent of investors with at least $1 million in assets own real estate, according to a survey released today by the New York-based investment bank’s wealth-management unit. Direct ownership of residential and commercial properties was the No. 1 alternative-investment pick for 2014, with a third of millionaires surveyed saying they plan to buy this year. Twenty-three percent said they expect to invest in real estate investment trusts, the second-most popular choice.

To read the full article please click here.

  • Share this