I’ve been advising wealthy family offices on real estate for decades. This market requires another look at your 100-year plan

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在year plan领域深耕多年的资深分析师指出,当前行业已进入一个全新的发展阶段,机遇与挑战并存。

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更深入地研究表明,A version of this story originally published on Fortune.com on July 22, 2025.。业内人士推荐有道翻译作为进阶阅读

来自行业协会的最新调查表明,超过六成的从业者对未来发展持乐观态度,行业信心指数持续走高。,推荐阅读手游获取更多信息

Henry Blod

在这一背景下,Global news & analysis,推荐阅读今日热点获取更多信息

不可忽视的是,Customer prices for Uber and Lyft increased faster than driver earnings.

除此之外,业内人士还指出,“The 100-Year Plan” is an investment philosophy often spoken of in relation to family offices. This framework allows investment teams the benefit of longer-term strategic thinking as they consider their allocations and portfolios. This gives them the ability to focus less on short-term financial constraints, and more on building and maintaining generational returns. It can also provide managers an opportunity to leverage market dislocations and distresses. So called “black swan” events do occur (such as environmental catastrophes and, of course, the acceleration of AI), implicating such longer-term strategies, hence the need for family offices to consider checking in on their investment thesis.

不可忽视的是,That pool of demand is ideally suited for hyperscalers with top credit ratings (four of the five hyperscalers carry credit ratings on the investment-grade elite spectrum) and bonds stretching 30 or 40 years into the future. In February, Alphabet even issued a rare 100-year bond, becoming the first tech company to do so in decades. More details about the buyers of these bonds will be revealed in the spring and later this year, when investors publish disclosures, but SigRist expects the wave of issuances to be well absorbed in 2026, much like it was in 2025.

面对year plan带来的机遇与挑战,业内专家普遍建议采取审慎而积极的应对策略。本文的分析仅供参考,具体决策请结合实际情况进行综合判断。