Why it matters
PwC's Investor Survey (the former Korpacz survey) is the institutional standard for IRR / discount-rate / growth-assumption ranges by market and product type. Where CBRE Cap Rate Survey gives going-in cap-rate ranges, PwC gives the full discounted-cash-flow assumption set — overall cap rate, terminal cap rate, discount rate, growth rates.
How CRE teams consume it
Subscription required. Quarterly delivery.
Caveats & limitations
Subscription cost. Practitioner survey, not transaction-derived.
Use cases
- DCF valuation
- Underwriting IRR/discount benchmarks
- Appraisal review
- Counter-quoting brokers