OUR THINKING

2022 Environmental, Social and Governance Report

May 2023

Insights Brief: Once the Fed is done tightening, how will real estate perform?

In our latest Insights Brief, we analyze the performance of REITs, private real estate, and equities in the year following a rate regime.

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May 2023

Front & Center Podcast: Episode 1 - Setting the Stage

In the first episode of our new podcast, “Front & Center,” we share the vision for our show and then dive into today’s real estate pricing and tomorrow’s investment opportunities across the public and private landscape.

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May 2023

REIT on the Money – Critical Facts About Today’s Listed Real Estate Market: Addressing Balance Sheet Resiliency

In this second installment of “REIT on the Money”, we dive into the structure and positioning of REIT balance sheets.

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Apr 2023

2022 Environmental, Social and Governance Report

This year’s report provides insight into the ongoing evolution of our ESG strategy across our listed and private investment platforms, including efforts we have undertaken to incorporate impact measurement into our processes.

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Apr 2023

REIT on the Money - Critical Fact's About Today's Listed Real Estate Market: REITs ≠ Office

In our first installment of "REIT on the Money", we contextualize the extremely limited Office sector exposure for real estate investors in the U.S. REIT market.

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Mar 2023

Insights Brief: Labor Pains...and Opportunity

Our latest Brief, we examine the labor supply and demand imbalance facing the market today and how it could favor those REITs that have begun to apply technology to their business models.

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Mar 2023

The Q1 2023 REIT Cap Rate Perspective

This quarter, we discuss how the current credit crunch has affected price discovery in the private market and how the trajectory of the public REIT market is crucial in determining real estate pricing.

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Feb 2023

Real Estate Debt: The Time is Now

Our latest whitepaper explores how experienced mezzanine debt providers can take advantage of current market conditions to lend against quality assets in an attractive risk-return category.

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Feb 2023

2023 REIT Market Outlook: Poised to Perform

Our 2023 REIT Market Outlook analyzes current macroeconomic conditions along with historical data to forecast how the public REIT market will perform in the upcoming cycle.

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Feb 2023

Evolution vs. Revolution: How to Fuel Asia’s Alternative REIT Sector

In partnership with Asia Pacific Real Assets Association (APREA), we released a new report which explores the prospects for Asia’s Alternative REIT sector.

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Dec 2022

The Q4 2022 CenterSquare REIT Cap Rate Perspective

This quarter, we introduce The REIT Alternative Cap Rate Proxy, a new composite that measures those real estate subsectors which we believe have risen to meet emerging demand patterns.

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Oct 2022

The Storm Before the Storm

Our quarterly webinar examines the current and imminent macro economic "storms" and offers insights on how to navigate these turbulent times.

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Sep 2022

The Q3 2022 CenterSquare REIT Cap Rate Perspective

This quarter, we discuss the rising cost of debt and how it is impacting underwriting and return requirements across the real estate investment market.

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Sep 2022

Insights Brief: REIT Volatility as Friend, Not Foe

Our latest Brief examines how historical patterns in public and private markets can enable investors to embrace volatility, while generating attractive returns.

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Jul 2022

Uncertainty Looms; Opportunity Emerges?

Our quarterly webinar discusses sector and regional opportunities in light of a pending global recession.

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Jul 2022

CenterSquare’s 2021 Environmental, Social and Governance (ESG) Report

In our annual report we continue to assert that thoughtful and disciplined ESG practices are paramount to long-term performance in the real estate industry.

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Jun 2022

The Q2 2022 CenterSquare REIT Cap Rate Perspective

This quarter, we discuss the indicators of further cap rate expansion and how it will vary among property sectors.

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Apr 2022

REITs as an Inflation Hedge in a Rising Rate Environment

Our quarterly webinar explores how listed real estate has historically performed in periods of persistent inflation, rising rates and geopolitical uncertainty.

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Apr 2022

Insights Brief – U.S. REITs Positioned to Outperform Equities

Our latest brief examines REIT performance vs. broader equities during historical periods of high inflation and rising interest rates.

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Mar 2022

The Q1 2022 CenterSquare REIT Cap Rate Perspective

This quarter, we discuss how real estate valuations are responding to rising inflation, heightened geo-political uncertainty and the potential of slowing economic growth.

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Mar 2022

The Social Spotlight: An Emerging Focus in Real Estate ESG

In our latest paper we examine the evolution of the Social aspect of ESG investing and explore the major trends taking shape.

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Jan 2022

Hawkish Fed Pivot: Headwind, Not Derailer for Real Estate

Our quarterly webinar discusses how the listed real estate markets are poised to perform amidst expected inflation, growth and reactionary monetary policies in the U.S. and around the world.

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Dec 2021

The Q4 2021 CenterSquare REIT Cap Rate Perspective

This quarter, we look ahead to 2022 and explore the possible scenario of an economic slowdown amidst moderate yet persistent inflation. Read >>

Oct 2021

Rational Exuberance?

Our quarterly webinar examines the exuberant market and how inflation and other macroeconomic dynamics are playing out around the world.

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Sep 2021

The Q3 2021 CenterSquare REIT Cap Rate Perspective

Is the Current REIT market exuberance rational? In our latest Cap Rate Perspective we review the significant cap rate compression that most property types are now experiencing. Read >>

Sep 2021

At Your Service: The Rise of REaaS

In this paper we discuss changing demand patterns, the rise of Real Estate as a Service (REaaS), and how investors in value-added properties can best leverage this unique opportunity for the benefit of all.

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Jul 2021

Real Estate Catches Up with the Recovery

Our quarterly webinar reflects on the REIT market's response to the economic recovery, and where catch-up opportunities may lie in the near future.

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Jul 2021

CenterSquare’s 2020 Environmental, Social and Governance (ESG) Report

Our inaugural report highlights the strategic integration of ESG elements into our public and private investment processes.

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Jun 2021

The Coastal Recovery - The Q2 2021 CenterSquare REIT Cap Rate Perspective

Our latest Cap Rate Perspective sheds light on the resilience of coastal gateway cities as evidenced by the multifamily housing sector. Read >>

May 2021

Accessing Private Real Estate Debt to Smooth the Recovery Ride

In our latest white paper we examine the elements of the current market environment that make real estate mezzanine lending a compelling complement to a diversified investment strategy. Read >>

Apr 2021

A Permanently Altered Perception of Place

Our quarterly webinar discusses how shifting behaviors are creating opportunities for listed real estate investment globally. Watch >>

Apr 2021

The Private Eye Real Estate Series - 5

Multifamily Financing: A Confluence of Growth Drivers for Private Debt Watch >>

Mar 2021

Is Office the "New" Retail?: The Q1 2021 CenterSquare REIT Cap Rate Perspective

Our latest Q1 2021 Cap Rate Perspective discusses how the REIT market is forecasting disruption in the Office sector similar to what we saw with Retail real estate in 2016. Read >>

Mar 2021

The Private Eye Real Estate Series - 4

Build-to-Rent Single-Family Rentals: Solving Affordable Housing in the U.S. Watch >>

Mar 2021

The Private Eye Real Estate Series - 3

Industrial Assets: Solving Last Mile Distribution Watch >>

Feb 2021

The Private Eye Real Estate Series - 2

Is Office the Next Retail? Watch >>

Feb 2021

The Private Eye Real Estate Series - 1

The Great Migration: The Impact of Accelerated Geographical Preferences on Real Estate. Watch >>

Jan 2021

Will REITs Get a Vaccine Boost in 2021?

Our Global Real Assets Quarterly Insights webinar reflects on the impact of COVID – and now the vaccine -- across geographies and sectors. Watch >>

Dec 2020

Winners & Losers in the New Retail Ecosystem

Tune into our final webinar of 2020 where we focus on the winners and losers in the retail ecosystem - with an emphasis on one winner: Service Properties. Watch >>

Dec 2020

The Great Migration: The Q4 2020 CenterSquare REIT Cap Rate Perspective

A proprietary analysis of the gap between public and private real estate market pricing. Read >>

Nov 2020

ESG: Making a Difference (And Money) with Real Assets

In this white paper we examine both the value- and values-based proposition for applying an ESG framework to decision making. Read >>

Oct 2020

The Alternative Real Estate Access Series: Exploring Cell Towers

This week’s Alternative Real Estate Access webinar focuses on Cell Towers, an alternative real estate asset class that is enjoying some of the most favorable secular headwinds propelling sector growth on a global basis today.
Watch >>

Oct 2020

The Alternative Real Estate Access Series: Exploring Data Centers

This week’s Alternative Real Estate Access webinar turns to Data Centers, one of the most vital real asset classes powering the COVID era today. Join us as we discuss the key components and the secular trends that are driving pricing and value. Watch >>

Oct 2020

The Future of Global Cities

CenterSquare’s quarterly REIT webinar reflects on the impact of the pandemic, the global economic recovery, and the future of real estate investing amidst the dynamic market. Watch >>

Oct 2020

The Alternative Real Estate Access Series: Exploring Cold Storage

Our third in-depth analysis of our Alternative Real Estate Access series is into the cold storage sector. Where we explore the market, the major stakeholders, and the investment opportunities in this operationally intensive real estate sub-sector. Watch >>

Oct 2020

The Alternative Real Estate Access Series: Exploring Single-Family Rentals

This week’s Alternative Real Estate Access webinar focuses on the Single-Family Rental sector. Listen now to hear about the emerging growth opportunities for this alternative housing sub-sector. Watch >>

Sep 2020

CenterSquare REIT Cap Rate Perspective - Q3 2020

A proprietary analysis of the gap between public and private real estate market pricing. Read >>

Sep 2020

The Alternative Real Estate Access Series: Exploring...Life Sciences

The first deep dive of our Alternative Real Estate Access Series is into the Life Sciences sector. Tune in to hear about the complexities and promise of this unique asset class. Watch >>

Sep 2020

The Alternative Real Estate Revolution

In our latest white paper we examine the distinctive attributes of non-traditional real estate sectors and how best to consider and access these alternative assets.

Sep 2020

Alternative Access: Exploring The Future of Real Estate Today

The Alternative Real Estate Access Series: Our Fall webinar series focuses on the promise of alternative real estate sectors. Watch >>

Jun 2020

CenterSquare REIT Cap Rate Perspective - Q2 2020

A proprietary analysis of the gap between public and private real estate market pricing.

Jun 2020

COVID-19: A Macro Conversation on Global Recovery

As the final webinar in our series on the impact of COVID-19 on Real Assets, we are pleased to present a conversation on the various economic recovery scenarios that lie before us as the world transitions to a post-pandemic new normal. Chief Investment Strategist Scott Crowe and the Martin Bucksbaum Professor of Real Estate, Finance and Business & Public Policy at The Wharton School of the University of Pennsylvania Joe Gyourko share valuable insights on these timely, big picture issues. Watch >>

Jun 2020

COVID-19: Real Estate's Brave New World

In response to the COIVD-19 crisis, Commercial Real Estate investors are preparing for a brave new world where accelerating trends are poised to impact where we live, work and play. This week Chief Investment Strategist Scott Crowe discusses these seismic shifts in the Retail, Office and Housing sectors with Patrick Wilson, Portfolio Manager and Rob Goldstein and Alex Snyder, Assistant Portfolio Managers for Real Estate Securities. Watch >>

May 2020

COVID-19: REIT Market Insights – Near & Long Term Implications for Private Real Estate

This week, Chief Investment Strategist Scott Crowe is joined by Alex Snyder, Assistant Portfolio Manager for Real Estate Securities and Uma Pattarkine, Investment Strategy Analyst as together they offer insights into the short and longer term implications of Q1 REIT performance for Private Real Estate. Watch >>

May 2020

COVID-19: What’s Happening In...U.S. Private Equity Real Estate?

This week’s CenterSquare webinar turns to the Private Equity Real Estate market in the U.S. where Senior Vice Presidents Chad Burkhardt and Jeff Reder discuss the outlook for investment overall and by sector. Watch >>

May 2020

COVID-19: What’s Happening In...Service Retail?

This week we hear from Senior Vice President of Private Real Estate Rob Holuba who has an in-depth discussion with Chief Investment Strategist Scott Crowe about the current and future state of the Retail market from an investment perspective, including how each sub-sector is poised to fare in the new normal. Watch >>

May 2020

COVID-19: What’s Happening in...European Real Estate?

This week Matthew Goulding, Portfolio and Regional Manager from our London office, discusses the recovery outlook for European Real Estate across sectors and regions. Watch >>

Apr 2020

COVID-19: What’s Happening in...Real Estate Debt?

In this week’s webinar series, Michael Boxer, Managing Director, shares a timely overview of the Commercial Real Estate (CRE) Debt Market, including a look at the players, the demand and the opportunity going forward. Watch >>

Apr 2020

Value-Added Investing 2020: Accelerating Trends; Emerging Opportunities

In this paper, we examine the secular trends that are poised to accelerate or shift in areas such as eCommerce, affordable housing, modern office infrastructure and urban living, all in the wake of the COVID-19 crisis.

Apr 2020

COVID-19: What’s Happening In...Global Listed Infrastructure?

In the first of this new series, Ted Brooks, Portfolio Manager for Infrastructure Securities dives deep into how the COVID-19 crisis is impacting Global Listed Infrastructure (GLI) across the major sectors including Utilities, Transport, Telecom and Energy. Watch >>

Apr 2020

COVID-19 Cash Flows, Collections and Dividends

Chief Investment Strategist Scott Crowe examines key metrics that suggest the COVID-19 recovery will NOT resemble the Global Financial Crisis for REITs. Watch >>

Apr 2020

COVID-19 Expectations for Post-Crisis Valuations Across Private and Listed Real Estate

Chief Investment Strategic Scott Crowe addresses the post-COVID-19 recovery through the examination of key metrics across public and private real estate sectors. Watch >>

Mar 2020

COVID-19 Impact on Real Estate vs. Historical Downturns

Chief Investment Strategist Scott Crowe compares the current crisis to the Global Financial Crisis and what the differences might mean for the COVID-19 recovery. Watch >>

Mar 2020

CenterSquare REIT Cap Rate Perspective - 1Q 2020

A proprietary analysis of the gap between public and private real estate market pricing.

Mar 2020

COVID-19 Real Estate Market Webinar

CEO and CIO Todd Briddell and Chief Investment Strategist Scott Crowe Offer Insights on the Impact of the COVID-19 Crisis on the Real Estate Market. Watch >>

Mar 2020

COVID-19 Real Estate Market Update

An update from CenterSquare regarding the Real Estate investment outlook in response to the COVID-19 crisis. Read >>

Jan 2020

Real Estate Debt Has the Potential to Outperform Core Equity in 2020

An examination of real estate debt, an evolving asset class poised to outperform. Read >>

Jan 2020

Service Retail - An Alternative Sector of Real Estate Benefitting from Changing Consumer Demand Patterns

An examination of Service Retail, an alternative sector of real estate benefiting from changing consumer demand patterns.

Dec 2019

CenterSquare REIT Cap Rate Perspective - 4Q 2019

A proprietary analysis of the gap between public and private real estate market pricing.

Sep 2019

CenterSquare REIT Cap Rate Perspective - 3Q 2019

A proprietary analysis of the gap between public and private real estate market pricing.

Jun 2019

CenterSquare REIT Cap Rate Perspective - 2Q 2019

A proprietary analysis of the gap between public and private real estate market pricing.

Mar 2019

CenterSquare REIT Cap Rate Perspective - 1Q 2019

A proprietary analysis of the gap between public and private real estate market pricing.

Jan 2019

A Moderating Core Shifts Focus to Non-Core Options in 2019

Core real estate returns are in the process of a moderation that is more significant than many acknowledge, and investors should consider alternatives in non-core strategies.

Dec 2018

CenterSquare REIT Cap Rate Perspective - 4Q 2018

A proprietary analysis of the gap between public and private real estate market pricing.

Dec 2018

Interest Rates Rise and REITs Outperform

An examination of the recent outperformance of REITs in the face of rising rates and equity market volatility.

Sep 2018

CenterSquare REIT Cap Rate Perspective - 3Q 2018

A proprietary analysis of the gap between public and private real estate market pricing.

Jul 2018

CenterSquare REIT Cap Rate Perspective - 2Q 2018

A proprietary analysis of the gap between public and private real estate market pricing.

Jun 2018

The REITs vs FAANG Valuation Showdown

Are FAANG stocks worth 50% of the value of the U.S. commercial real estate market? That is the investment challenge posed by today’s equity market.

May 2018

Amazon's Challenge to Institutional Real Estate

Amazon’s search for HQ2 underscores the shift in real estate preferences from gateway to primary secondary markets for both tenants and investors.

Mar 2018

CenterSquare REIT Cap Rate Perspective - 1Q 2018

A proprietary analysis of the gap between public and private real estate market pricing.

Feb 2018

ESG and REIT Investment Strategies

ESG factors should be considered within a REIT portfolio, and managing ESG risks is not only crucial for real estate assets, but it also generates long-term value.

Feb 2018

Exiting the Plateau: CenterSquare's 2018 Global REIT Market Outlook

Attractive valuations are coinciding with improving fundamentals to paint an optimistic picture for REITs in 2018.

Nov 2017

The Fate of Real Estate in New Economy Retailing

A discussion on e-commerce penetration that could grow to render 44% of mall retail square footage obsolete over the next 5-7 years, and how real estate investors may navigate this difficult sector.

Nov 2017

CenterSquare Listed Real Estate Market Commentary November 2017

Aug 2017

CenterSquare Listed Real Estate Market Commentary August 2017

May 2017

Transforming Real Estate for the New Economy

A discussion on the opportunity to transform obsolete or suboptimal real estate, to capture changing demand patterns in the new economy. Read >>

May 2017

CenterSquare Listed Real Estate Market Commentary May 2017

Feb 2017

CenterSquare Listed Real Estate Market Commentary February 2017

Feb 2017

Approaching Growth: U.S. REIT Investment Strategy

An outlook on U.S. commercial real estate, highlighting the most meaningful factors likely to impact various REIT sectors in 2017.

Nov 2016

CenterSquare Listed Real Estate Market Commentary November 2016

Sep 2016

Dynamic Disruption: Technology Reinvents Real Estate

An examination of the impact of technology on the U.S. REIT market, identifying its historical winners and losers and the strategies we believe will be successful going forward.

Aug 2016

Beyond the Gateway

A proposition that Gateway Markets no longer offer an attractive opportunity for the marginal commercial real estate investment dollar. Instead, we recommend a list of Preferred Major Markets - specific major U.S. markets with underappreciated fundamentals, valuations, and risk characteristics.

Aug 2016

CenterSquare Listed Real Estate Market Commentary August 2016

Jun 2016

The Case for Income Producing Real Assets

An examination of the potential for enhanced income and risk-adjusted returns from an allocation to income producing real assets, accessible via listed real estate and infrastructure.

May 2016

CenterSquare Listed Real Estate Market Commentary May 2016

Feb 2016

CenterSquare Listed Real Estate Market Commentary February 2016

Feb 2016

The Millennial Effect: Urban Demand Drives Multifamily Fundamentals

While new supply should bring a healthy moderation to rent growth, CenterSquare discusses why we believe multifamily has the potential to post attractive returns even as increased supply comes online in 2017 and beyond.