Institutional investment in commercial real estate is set to increase, as investors globally are looking to increase their allocations to the asset class. A survey of 198 institutions in 26 countries shows that portfolios are, on average, approximately 100 basis points under invested in real estate and are expecting to increase their investment allocations by 52 basis points in 2014.

The survey, conducted by Cornell University’s Baker Program in Real Estate and New York-based real estate advisory firm Hodes Weill....

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