Integrating investment and
in-depth research.

Public Real Estate — Equity

Heitman is one of the industry’s most experienced real estate securities investment managers. What we’ve learned through our experience across several property and economic cycles has allowed us to refine our approach to valuing and managing publicly listed securities on behalf of institutional and individual investors across the globe.

2016 INSTITUTIONAL INVESTOR U.S. INVESTMENT MANAGEMENT AWARDS WINNER
2017 ASIANINVESTOR ASSET MANAGEMENT AWARDS WINNER
WINNER OF THE 2017
THOMSON REUTERS
LIPPER FUND AWARDS
JAPAN1
1 From Thomson Reuters Lipper Awards, ©2017 Thomson Reuters. All rights reserved. Used by permission and protected by the Copyright Laws of the United States. The printing, copying, redistribution, or retransmission of this Content without express written permission is prohibited.
2016 INSTITUTIONAL INVESTOR U.S. INVESTMENT MANAGEMENT AWARDS WINNER
2017 ASIANINVESTOR ASSET MANAGEMENT AWARDS WINNER
WINNER OF THE 2017
THOMSON REUTERS
LIPPER FUND AWARDS
JAPAN1
1 From Thomson Reuters Lipper Awards, ©2017 Thomson Reuters. All rights reserved. Used by permission and protected by the Copyright Laws of the United States. The printing, copying, redistribution, or retransmission of this Content without express written permission is prohibited.
  • Global investment strategy

    Recognizing that the North American, European, and Asia-Pacific stock markets and REIT regimes are quite different, we have built a global team with investment professionals in North America, Europe, and Asia-Pacific. Their local expertise allows our team members to make real-time, well-informed investment decisions. Our real estate securities team benefits from the broader Heitman platform, which consists of complementary and functionally integrated business units. In particular, the team benefits from the expertise of our property market research group, as they work together to evaluate risks/opportunities for individual REITs.

  • Extensive experience

    Averaging over 20 years of industry experience, our regional portfolio managers have a deep perspective of investing in market recovery/expansion and market corrections. They’ve gained strong insight, allowing them to create thoughtful and strategic solutions while keeping in mind the history of the markets in which we invest. Our dedicated investment team members have diverse backgrounds, ranging from direct real estate valuation to agency, investment banking research, corporate finance, and fund management with highly regarded global firms. This wide range of backgrounds across the equity and debt capital and property markets results in an elite level of analysis and brings a contact network of equal depth and experience, ultimately to the benefit of our clients.

  • Global investment philosophy

    Our investment management style is based upon in-depth, fundamental, and proprietary research and the belief that over the long term, share prices will track underlying asset value and companies that create value will be rewarded by the market. We recognize that markets are inefficient and that share prices can temporarily deviate from fundamental value.

    By applying our knowledge gained over decades in the industry, we believe that we can uncover market price inefficiencies and generate superior returns. Our dynamic portfolio construction results from two distinct Heitman advantages:

  • PRIVATE REAL ESTATE EXPERTISE

    Our complementary business platform gives our real estate securities team deeper insight into the nuances of private real estate. Using a proprietary valuation model, we effectively assess the companies in which we invest, including the underlying real estate.

  • PUBLIC MARKET ACUMEN

    The local expertise and diverse experience of our investment professionals have led to attractive results for our clients. They are able to make strategic and timely decisions in their respective markets.

Global Assets Under Management

  • 4.5

    Billion in assets under management

    USD as of September 30, 2017

With over 25 years of experience in the listed real estate securities arena, we have the foresight to create thoughtful investment solutions, suitable for a variety of investors.

Our current investment offerings include:

Global strategies

Heitman Global Real Estate Securities Strategy

A portfolio that provides an efficient means to invest in real estate globally. We utilize an investment process that combines our direct real estate knowledge with our public equities experience to identify mispriced securities. We manage the strategy to the FTSE EPRA/NAREIT Developed Index. The strategy is offered through a separate account and Collective Investment Trust (CIT).

Heitman Global Prime Strategy

A benchmark-unaware, diversified portfolio of publicly traded global real estate securities designed to provide investors exposure to world-class property assets located in global gateway markets. The strategy is offered through a separate account, Heitman’s UCITS platform and Collective Investment Trust (CIT).

Heitman Global Prime Select Strategy

A high-conviction, benchmark-unaware, diversified portfolio of publicly traded global real estate securities designed to provide investors exposure to world-class property assets located in global gateway markets. The strategy is available through a separate account and through the Heitman/First Trust ETF (ticker: PRME).

 

North American strategies

Heitman US Real Estate Securities Strategy

Our US real estate securities strategy provides an efficient means to invest in real estate in the US. We utilize an investment process that combines our direct real estate knowledge with our public equities experience to identify mispriced securities. We manage the strategy to the Wilshire US RESI Index. The strategy is offered through a separate account and Collective Investment Trust (CIT).

Heitman US Focused Real Estate Securities Strategy

Our US focused real estate securities strategy provides an efficient means to invest in real estate in the US. We utilize an investment process that combines our direct real estate knowledge with our public equities experience to identify mispriced securities, with greater active share and larger position sizes. We manage the strategy to the Wilshire US RESI Index. The strategy is offered through a separate account.

Heitman US Preferred Real Estate Securities Strategy

A portfolio of preferred securities constructed to provide investors with a high-yielding portfolio from listed companies with quality balance sheets. This strategy is offered through a separate account.

 

We evolve as markets evolve and offer our strategies across a continuum of innovative investment vehicles to meet the needs of our investors.

Our current vehicle offerings include:

Separate account

Our investment team has been managing listed real estate securities separate accounts since 1989. As one of the most experienced managers in the industry, our people have worked to create strong relationships with our clients. The products below are available as a separate account:

  • Heitman Global Real Estate Securities Strategy
  • Heitman Global Prime Strategy
  • Heitman Global Prime Select Strategy
  • Heitman US Real Estate Securities Strategy
  • Heitman US Focused Real Estate Securities Strategy
  • Heitman US Preferred Real Estate Securities Strategy

For detailed information on these products, please visit the Solutions page.

ETF

An actively managed ETF, or exchange-traded fund, is a marketable security with a decision-making team or manager determining its underlying portfolio allocation. This is different from traditional ETFs in that an actively managed ETF does not follow or adhere to a passive investment strategy. Unlike mutual funds, an ETF trades like a common stock on a stock exchange. An attractive option for individual investors, ETFs typically have higher daily liquidity and greater transparency. The product below is available through an ETF:

  • Heitman Global Prime Select Strategy

For detailed information, visit the Prime Select ETF website.

UCITS

A UCITS fund is an open-ended investment vehicle that allows collective investment in transferable securities. Available for a variety of investor types, including institutional and high-net-worth individuals, a UCITS fund offers real estate returns with daily liquidity. The product below is available through Heitman’s UCITS platform:

  • Heitman Global Prime Strategy

For detailed information, visit the Heitman UCITS website.

CIT

A CIT, or collective investment trust, is a vehicle for a 401(k) or a similar qualified retirement plan. Our CIT products provide investors with an attractive allocation opportunity that is typically underutilized by these plans. This vehicle can also be utilized for private equity strategies. The products below are available through a CIT:

  • Heitman Global Real Estate Securities Strategy
  • Heitman Global Prime Strategy
  • Heitman US Real Estate Securities Strategy

For detailed information on these products, please visit the Solutions page.

 

Our team members have established themselves as thought leaders in the industry. To learn more of our thoughts on developments in the industry, please click on an article below.

  • Amazon Takes on Australia – Is This the End for Brick-and-Mortar Retail?

    Featured in Institutional Real Estate Asia-Pacific’s October 2017 issue: In April 2017, Amazon.com Inc announced plans to enter the Australian market with local fulfilment centres. Currently, Australians purchase goods from Amazon through Amazon US. Market reaction has been negative, as …

    October 20, 2017
  • Global Public Equity – Quarterly Review

    Property stocks were broadly positive during the second quarter, but with regional variances reflected by the different underlying economic conditions Europe led the way with strong returns following the French elections. After a year of such uncertainty in 2016 after …

    July 19, 2017