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BlackRock recently looked at the potential impact of the Infrastructure Investment & Jobs Act on real assets. Besides noting “much needed funding for critical projects that encourage growth” and some sectors that would directly benefit, the company also briefly looked at real estate.

“While real estate is not included in the plan, real estate inherently needs strong infrastructure to be useful for tenants,” the report said. Improvements in roads and bridges are generally good for all real estate. Capital for intermodal facilities help many tenants, whether retail or third-party logistics, meaning greater value landlords can offer. Better broadband will open previously underserved areas for more development.

 

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