CenterSquare Senior Investment Strategist, Uma Moriarity recently spoke with Florence Chong of IPE Real Assets on the growing trend of institutional investors taking a blended approach to real estate in their portfolios.
Uma highlights this holistic approach to real estate, considering both listed and unlisted investment opportunities, is the most strategic way to consider the asset class–one that has guided CenterSquare for over 30 years.
Uma also highlights how the pricing difference between private and public markets is creating opportunity: “In the last five years we’ve seen major valuation gaps between public and private markets. Core private fund valuations didn’t adjust quickly enough to rising interest rates, while REITs repriced almost immediately. That kind of arbitrage creates a compelling opportunity for tactical investment.”
