High net-worth investors buck institutional trend on property

High net worth individuals (HNWIs) are predicted to significantly increase allocations to property, industry experts across Asia said, continuing to buck the growing institutional trend of avoiding the sector. Results from Knight Frank’s HNW Pulse Survey, published as part of the real estate advisor’s Wealth Report in early March, found that 32% of Asian HNWIs planned to expand their commercial property portfolios in 2023, ahead of the global average of 28%. The most common rea…