Global Listed Real Estate Equities
Our global real estate equities strategy provides highly liquid access to the return potential of property markets across the world by investing in the stocks of companies that derive most of their income from real estate.
The strategy provides well-diversified exposure to the stocks of companies around the world that derive at least 75% of their income from property. It is actively managed by our Amsterdam-based Global Listed Real Estate team and benchmarked against the FTSE EPRA NAREIT Global index.
The portfolio invests in 65–96 stocks and aims to outperform its benchmark over a full real estate cycle.
EUR 2 bn
assets under management
real estate experts
year track record
average investment experience
Investment Philosophy and Process
We believe investing in global real estate equities is an efficient way of gaining exposure to the property markets, and that it is possible to outperform the broad market by exploiting inefficiencies between countries and across real estate markets and sectors.
Our investment process includes a top-down assessment of real estate cycles and sectors across regions to identify inefficiencies and opportunities. In doing so we analyse macroeconomic conditions, valuations, sentiment and the direct property market. We also look for themes of particular investment interest that are evident in the real estate markets.
We perform a bottom-up assessment to identify the companies that are best placed to exploit the inefficiencies we have identified, using proprietary quality and risk scorecards and estimating their return potential. The strategy is subject to strict risk control, with the real estate investment team itself considering a variety of sources of risk, and independent oversight from our investment risk management team.
Jan Willem Vis
Chief Investment Officer
Jan Willem is CIO Listed Real Estate since 2011 and is responsible for the management of all global and regional listed real estate portfolios. He joined the listed real estate team of BNP Paribas Asset Management in November 1999. He has held various positions where he has built extensive knowledge on portfolio management, investment analysis, performance attribution, risk management and cash management. From 2001 until 2005 he worked as a risk manager/junior portfolio manager in the team. He, then, became the head of the European listed team in 2008 after being active as a portfolio manager since 2005. Jan Willem has a bachelor’s degree in Business Economics from the HEAO Windesheim and a master’s degree in Real Estate from the University of Amsterdam.
Hear from Jan Willem Vis
Chief Investment Officer