Real estate partners are hoping for an upturn in market activity as a result of increased investment by insurance groups, according to new research highlighting the emergence of new lenders in the real estate sector.

The research, carried out by DLA Piper in conjunction with the Centre for Economics and Business Research, predicts insurance groups will increase their commercial real estate (CRE) lending by £28.1bn to £52bn by 2017, with annual lending by such groups expected to reach £5.5bn over the same period.