Real Estate Securities

Real Estate Securities

The modern REIT market is continuously evolving and expanding, providing access to a diverse global opportunity set led by new-economy property types. Integrating listed REITs with private real estate investments may provide benefits to implementation and return potential. REITs have historically been effective diversifiers, delivering strong, low-correlated returns, attractive dividends and inflation-hedging characteristics.

Despite the prospect of near-term volatility, REITs are well positioned to help mitigate higher interest rates, sticky inflation and challenging economic conditions, in our opinion

REITs

REITs have historically delivered strong performance following interest-rate increases

Listed real estate securities are well positioned to withstand elevated inflation as well as stagflation

REITs have solid dividend growth prospects and cash flow growth estimates above their historical average

How a REIT allocation can extend retirement savings
May 2025 | 5 mins
Most defined contribution investors are overlooking real estate, and missing out on its powerful portfolio benefits. Historical data shows that adding a permanent real estate investment trust (REIT) allocation can benefit investors in meaningful ways.

REITs offer a potential haven amid tariff-induced uncertainty
May 2025 | 11 mins
How tariff pressures could affect U.S. listed real estate, which real estate sectors face the most headwinds, and why strong fundamentals put REITs on relatively solid ground amid volatility.
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Mathew Kirschner, CFA

The strong performance of towers and the unique drivers of their resilience
April 2025 | 8 mins
The top-performing U.S. REIT sector this year even in the wake of recent market volatility. Favorable supply and demand dynamics. And historically low valuations.
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Alec Overby, CFA

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OUR TEAM

Cohen & Steers has been at the forefront of real estate investing for more than 30 years. Founded as the world’s first investment manager dedicated to real estate securities, we leverage our expertise in an effort to deliver superior results to our clients. Today, Cohen & Steers employs one of the world’s largest teams of investment professionals dedicated to real estate securities, with portfolio managers, research analysts and traders located in offices in New York, London and Hong Kong.

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Jon Cheigh, President & Chief Investment Officer, leads the investment department.

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Rogier Quirijns, Senior Vice President, is Head of Europe Real Estate and a senior portfolio manager and oversees the research and analyst team for European real estate securities.

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William Leung, Senior Vice President, is Head of Asia Pacific Real Estate and a portfolio manager for global real estate securities portfolios.

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Jason A. Yablon, Executive Vice President, is Head of Listed Real Estate and a senior portfolio manager for listed real estate securities portfolios and oversees the research process for listed real estate securities.

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Mathew Kirschner, CFA, Senior Vice President, is a portfolio manager for U.S. real estate securities portfolios.

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Leonard Geiger, CFA, Senior Vice President, is a portfolio manager who also oversees the research of the office and residential sectors in Europe.

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Ji Zhang, CFA, Senior Vice President, is a portfolio manager for global real estate portfolios.

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Dane Garrood, Senior Vice President, is a portfolio manager for Asia Pacific real estate securities portfolios and has security coverage responsibility for Australia and New Zealand.

As private real estate sells off, our conviction in REITs grows

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Recent market events, including a downturn in private real estate, give us greater conviction in our analysis showing favorable entry points emerging for listed REITs.

Investing in Real Estate Securities

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Real estate securities allow investors to access the beneficial investment characteristics of real estate ownership, while addressing some of the challenges that arise from the capital-intensive and illiquid process of investing in properties directly. Portfolio Specialist Evan Serton provides a brief overview of the global REIT market, its attributes, and Cohen & Steers' approach to investing in this unique asset class.

The intersection of listed and private real estate

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We believe optimizing real estate portfolios requires access to both listed and private markets.

Office sector headwinds and opportunities

Watch video

Office landlords have been heavily impacted by the pandemic and now face uncertainty as tenants evaluate their needs in hybrid working environments.

Why we see favorable entry points emerging for REITs Investing in Real Estate Securities

As private real estate sells off, our conviction in REITs grows

Recent market events, including a downturn in private real estate, give us greater conviction in our analysis showing favorable entry points emerging for listed REITs.

Watch video

Investing in Real Estate Securities

Real estate securities allow investors to access the beneficial investment characteristics of real estate ownership, while addressing some of the challenges that arise from the capital-intensive and illiquid process of investing in properties directly. Portfolio Specialist Evan Serton provides a brief overview of the global REIT market, its attributes, and Cohen & Steers' approach to investing in this unique asset class.

Watch video

The intersection of listed and private real estate

We believe optimizing real estate portfolios requires access to both listed and private markets.

Watch video

Office sector headwinds and opportunities

Office landlords have been heavily impacted by the pandemic and now face uncertainty as tenants evaluate their needs in hybrid working environments.

Watch video

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