STRATEGIES

Listed Real Estate

Global listed real estate may play an integral role in a multi-asset class portfolio for both offensive and defensive reasons. Global listed real estate can offer international diversification, generate a relatively high level of current income and provide liquidity. It may also reduce volatility and provide low correlation with other asset classes as well as diversification across continents, countries, and sectors.  CenterSquare’s strategy is to invest in a diversified portfolio of global real estate securities identified as undervalued vs. their peers to seek high, risk-adjusted returns for our clients.

  • BENCHMARK
  • FTSE EPRA/NAREIT Developed Index
  • INCEPTION DATE
  • Dec 2006

PORTFOLIO MANAGEMENT

Dean Frankel, CFA

Head

Real Estate Securities

YEARS WITH FIRM

22

INDUSTRY EXPERIENCE

22




Mr. Frankel is the Global Head of Real Estate Securities at CenterSquare Investment Management and joined the firm in 1997.  He is responsible for management of the firm’s proprietary research process, as well as analyzing and interpreting the implications of major events and economic trends.  Mr. Frankel manages the daily operations of the real estate securities portfolios, and has ultimate decision making authority for the core U.S. and Global REIT strategies.  Mr. Frankel received a B.S. in Economics from the University of Pennsylvania’s Wharton School of Business. 

Real estate securities such as REITs and REOCs can play an integral role in a multi-asset class portfolio for both offensive and defensive reasons. Real estate securities can offer diversification, generate a relatively high level of current income and provide liquidity. They also can reduce volatility and provide low correlation with other asset classes as well as diversification across regions and sectors.   CenterSquare’s strategy is to invest in a diversified portfolio of real estate securities identified as undervalued vs. their peers to seek high, risk-adjusted returns for our clients.

  • BENCHMARK
  • FTSE Nareit Equity REITs Index
  • INCEPTION DATE
  • Jul 1995

PORTFOLIO MANAGEMENT

Dean Frankel, CFA

Head

Real Estate Securities

Eric Rothman, CFA

Portfolio Manager

Real Estate Securities

YEARS WITH FIRM

22

INDUSTRY EXPERIENCE

22




Mr. Frankel is the Global Head of Real Estate Securities at CenterSquare Investment Management and joined the firm in 1997.  He is responsible for management of the firm’s proprietary research process, as well as analyzing and interpreting the implications of major events and economic trends.  Mr. Frankel manages the daily operations of the real estate securities portfolios, and has ultimate decision making authority for the core U.S. and Global REIT strategies.  Mr. Frankel received a B.S. in Economics from the University of Pennsylvania’s Wharton School of Business. 

YEARS WITH FIRM

11

INDUSTRY EXPERIENCE

23




Mr. Rothman serves as Portfolio Manager for CenterSquare's real estate securities group. He joined CenterSquare in 2006, and is responsible for market research, sector allocations, research, and financial modeling across the real estate securities universe. He has over 20 years of REIT and real estate investment experience. Prior to joining CenterSquare, he spent more than six years as a sell-side REIT analyst at Wachovia Securities and three years as an analyst at AEW Capital Management, LP. Mr. Rothman graduated Cum Laude from Boston University with a B.A. in Economics, International Relations and French.