Non-listed Real Estate

In our view:

• non-listed real estate offers defensive characteristics in higher-inflation environments and lower correlation to equities and bonds;
• the non-listed real estate fund market is inefficient and contains mispricings at the building and fund level which can be identified and exploited by combining a data-driven, quantitative approach with qualitative expertise and experience;
• location, building quality and ability to meet sustainability demands are key determinants of return potential, while management quality, ESG pedigree and balance sheet strength determine the risk profile of the investment.

• expanding a continuous, industry-leading data infrastructure of relevant, global real estate data at fund and building level, as the cornerstone of our quantitative decision-making and differentiation;
• enabling investors to anticipate the effects of the major sustainable transitions;
• driving insights from this unique investment approach to establish optimal entry and exit valuation points by taking a methodical, scored approach to evaluating return potential and risk;
• Neutralizing macro factors, while focusing fully on real estate-specific fundamentals”.

We deliver this approach with a global or European focus.