JPMorgan Private Bank ‘revisiting a lot of real estate managers’

June 11, 2026 - 04:20

JPMorgan Private Bank is actively reassessing its relationships with real estate investment managers, according to Albert Yang, the firm's Asia head of alternatives. Yang indicated that the bank is "revisiting a lot of real estate managers" as the property sector shows signs of recovery after a prolonged downturn.

Speaking about the shift, Yang noted that the asset class has faced significant headwinds in recent years, including rising interest rates, valuation declines, and liquidity challenges. However, he now sees conditions improving, with opportunities emerging for selective investment. The bank's renewed interest suggests a cautious but growing confidence in real estate markets, particularly in Asia.

Yang did not specify which managers or regions are under review, but the statement signals that JPMorgan is positioning itself for a rebound. The private bank's move aligns with broader industry sentiment that real estate may be nearing a bottom after a painful correction. For investors who weathered the storm, the current environment could offer attractive entry points, though Yang emphasized the importance of careful manager selection. The bank's approach reflects a strategy of identifying well-capitalized firms with strong track records, rather than making broad bets on the sector.