The U.S. Real Estate team focuses on generating premium returns to investors through its presence in target markets, by acquiring assets whose fundamentals are under-priced, and by implementing a business plan to capture that value for investors.
The team locates pricing anomalies by identifying situations where the real estate fundamentals are under-priced by the capital markets, and locates assets in markets with diverse tenant demand, supply constraints and exit liquidity. Simultaneously, the team seeks out situations where fundamentals are under-appreciated. The team has achieved superior returns through active asset management - repositioning assets through capital expenditures and leasing - and then selling to buyers with lower costs of capital.