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It is late in the cycle and investors are getting antsy about where to place their money. The appetite for risk is lessening and even in some cases changing the perception of certain investments. In short, there has been a shift toward greater caution, according to CBRE’s 2019 Americas Investor Intentions Survey, with the share of investors planning to either maintain or increase spending in 2019 falling to 75% (from 88% in 2018).

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