322. Capturing value in real estate’s new terrain

Real estate is moving from stabilization to selective acceleration, with value creation becoming more targeted, operational, and execution-led. As capital concentrates in select sectors and strategies, leaders need sharper asset selection, disciplined capital structures, and stronger AI-enabled capabilities. Ben Dimson (mckinsey.com/our-people/ben-dimson?cid=cl4c-cm…), Tripp Norton (nam02.safelinks.protection.outlook.com/?url=ht…), and Aditya Sanghvi (mckinsey.com/our-people/aditya-sanghvi) discuss how General Partners, Limited Partners, and real estate operators can turn market complexity into an advantage, drawing on research from their recent article (mckinsey.com/industries/private-capital/our-in…).

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