Private Real Estate

Strategies & Asset Classes

Investment Thesis: primarily in-place cash flow, secondary focus on capital appreciation
The strategy focuses on acquiring assets with current cash flow and potential for net operating income growth: properties with a potential to increase cash flows through property improvements, active asset management, leasing vacant spaces, increasing existing rent to market levels, potential ESG improvements
Hold Period: 5+ years
Moderate leverage

Investment Thesis: cash flow and/or capital appreciation
Our value-add strategy focuses on acquiring and improving properties for long-term ownership: properties that could be improved and increasing cash flows to sell at higher value. We create value through renovation, repositioning, leasing, other substantial alterations increasing returns through operational and/or capital improvement
Target occupancy at acquisition: non-stabilized assets with substantial vacancy
Hold Period: 3-5 years
Higher leverage

Investment Thesis: cash flow and/or capital appreciation
Build-to-core, redevelopment or major repositioning, extensive leasing, adaptive reuse and sale
Distress and other special situations

Innovative Living & Residential: BTR, BTS, student accommodation, serviced apartments, hybrid concept between traditional hospitality and living
Light industrial & Logistics (including Sale & Leaseback)
Hospitality
Office (upgrade to meet higher quality or conversion to other use)