We follow a high-conviction and relative-value investment approach that focuses on what we believe are the best opportunities in listed real estate. Our goal is to provide income, growth, and diversification benefits to an overall portfolio.
Over the long term, we believe a company’s value is largely determined by the value of its underlying assets and related cash flows and the strength of its management team. Over the short term, however, we find share prices are influenced by a variety of stock market factors that cause divergence from long-term fair value, resulting in mispricing opportunities.
Innovation by providing unparalleled value combined with flexibility and risk-taking ability, leadership by delivering exceptional performance in every domain and corporate responsibility through service to society.
Using our fundamental, bottom-up valuation process, we seek to identify the best relative value opportunities across property types and regions. We construct relatively concentrated portfolios of our best ideas.