Lauren Hochfelder on Bloomberg Surveillance Radio

"Over the last couple of years, as a result of higher rents and labor costs, tenants have consolidated their requirements, especially in the expensive coastal markets. As a result, market rents have declined by nearly 7% nationally from peak levels, and by over 40% in the Inland Empire.1 At the same time, construction costs have increased (hard costs, labor, financing).The confluence of lower rents and higher construction costs (together with wider yields) have led to a pullback in new supply."

Morgan Stanley Infrastructure Partner’s Jaya Viswanadha, Tim Cooper and Daniel Sailors sat down with Infrastructure Investors to discuss their belief that the local markets segment of transport boasts a rich vein of assets that are uncorrelated to the vagaries of global trade and GDP.

Lauren Hochfelder, Head of Global Real Estate Assets at Morgan Stanley Investment Management, joined Bloomberg Surveillance radio to highlight several high‑conviction real estate opportunities driven by long‑term structural demand

Morgan Stanley Investment Management (MSIM) announced today the launch of Eaton Vance Preferred Securities and Income ETF (Nasdaq: EVPF), an actively managed ETF that seeks total return and to provide current income and may invest in preferred securities and other income-producing securities. EVPF is the 12th actively managed fixed income ETF and the 19th ETF strategy brought to market since the launch of the MSIM ETF platform in 2023.