Shop talk: A conversation with Britta Roden

June 1, 2026 - 07:15

Britta Roden, a researcher focused on real estate and infrastructure at Swiss Life Asset Managers in Germany, recently sat down for an in-depth conversation about the current state of the market. Roden, whose work involves analyzing long-term trends and asset performance, offered a grounded perspective on the challenges and opportunities facing institutional investors today.

She noted that the post-pandemic shift in how people use office and retail space continues to reshape valuations. "We are seeing a clear bifurcation," Roden explained. "Modern, energy-efficient buildings in prime locations are holding their value, while older, less adaptable properties are struggling to attract tenants." She emphasized that location alone is no longer a guarantee of stability; the quality of the asset and its ability to meet new environmental standards are now critical factors.

On the infrastructure side, Roden pointed to the growing demand for digital and energy transition projects. She highlighted that while the need for investment in areas like data centers and renewable energy grids is enormous, the pace of regulatory approval often lags behind. "Investors are ready to deploy capital, but they need clearer frameworks from policymakers," she said. Roden also discussed the importance of diversification, noting that a balanced portfolio combining core real estate with infrastructure assets can provide more resilient returns in a high-interest-rate environment. Her insights reflect a cautious but strategic approach, where patience and due diligence are valued over rapid growth.