REITs have historically been fertile ground for active managers leveraging their information advantage to add potential value for investors.
Brian Cordes, Head of Portfolio Specialists, discusses the three things we think give active, specialist managers a potential edge when investing in real estate.
ABOUT THE AUTHORS
Brian Cordes, CAIA, Senior Vice President, is the head of Cohen & Steers’ Portfolio Specialist Group, which represents the company’s investment teams in interactions with institutional and retail clients.
FURTHER READING
The Real Estate Reel: Private real estate turns positive for first time in two years
The increase in total returns for private real estate was modest, but we think it is notable for several reasons.
What could a second Trump presidency mean for real assets?
Market reaction indicates investors are expecting higher inflation, deregulation, lower taxes and winners and losers in key sectors such as energy and infrastructure.
The Real Estate Reel: A closer look at Q3’s historically strong listed REIT returns
Listed REITs returned nearly 17% in the third quarter, handily outperforming equities, as lower real rates took hold in markets.