European Real Estate Securities
Our European Real Estate Securities Strategy seeks to provide current income and long term capital appreciation through investment in the equity securities of real estate companies located primarily in Europe’s developed markets.
The portfolio typically invests in 25-35 European companies actively engaged in the ownership, management and development of real estate. Holdings are diversified across countries and property sectors. We focus principally on those countries and sectors with the greatest growth potential, where economic and real estate fundamentals are most attractive. We emphasize under-valued, under-appreciated and/or lesser-known companies, which are well-managed and well-positioned to capitalize on trends in their respective markets. Our investment style is value driven and combines top-down/bottom-up analysis. Our investment themes and stock selections are determined by fundamental company, country and property sector analysis.