Real Estate Investing
We are a global leader in direct private real estate investing, managing millions of assets on behalf of an internationally diverse set of institutional investors.
Through a series of regional and global programs, clients can access core to enhanced investment opportunities through separate accounts and commingled strategies.
With offices globally and a team of more than 550 independent professionals, in our experience, we are able to combine our proprietary research with unique market intelligence to identify potential investments across a range of real estate sectors.
We invest in real estate based on a relative value analysis that looks at global sectors and regions from a top down perspective and identifies investment opportunities in specific regions and sub-segments. Our local investment teams then work to identify investment opportunities within those specific market segments.
In global real estate markets, our investment strategy is focused around three key themes:
Buying below replacement cost
We target assets with low valuations located in rebounding markets that can be repositioned and then leased-up by under-cutting market rents. These opportunities typically arise as a result of ineffective management, inadequate leasing or physical deficiencies – all issues that we can address.
“Buy, fix, sell”
This approach typically targets older buildings in great locations that are in need of owner-oriented asset management initiatives including capital expenditure, repositioning, lease-up and the implementation of building efficiencies to capture rental and pricing differentials.
The rapid transformations taking place in many major cities across the globe offer plentiful opportunities to execute a “develop core” strategy. We focus on building ground-up assets that meet end-user demand and appeal to core investors.