2021 Retail Investor Survey Report

RETAIL INVESTMENT ADVISORS

02 INVESTMENT OUTLOOK FOR RETAIL REAL ESTATE

GET ME OUT OF RETAIL 2.8%

BEARISH 48.6%

BULLISH 48.6%

INSTITUTIONAL INVESTOR / ADVISOR

PUBLIC REIT

PRIVATE REIT

PRIVATE INVESTOR

BEARISH 72.7%

BEARISH 47.4% BULLISH 52.6%

BEARISH 40.0% BULLISH 60.0%

BEARISH 35.0% BULLISH 65.0%

GET ME OUT OF RETAIL 13.6%

BULLISH 13.6%

CUSHMAN & WAKEFIELD // 5