In an article published by NREI Online it was stated that:
“Mercer Inc. (one of the largest institutional investment consulting firms and a division of Marsh & McLennan Cos., a major New York-based insurance firm) is forecasting annualized returns from real estate investments at 7.3% over the next 10 years, while Callan Associates (another large institutional investment consulting firm) is slightly more bullish, projecting 7.6% returns.”