Experience
Principal is a recognized market leader in real estate and defined contribution plans, with a 43+ year history of providing daily net asset value for our flagship core private equity real estate strategy.
Broad perspective
Cross-team collaboration that leverages our distinct 360-degree perspective of real estate space and capital markets.
Valuation transparency
We employ a documented, consistently applied, and auditable valuation process, with continued oversight by a third-party valuation consultant.
Investor-friendly for use within multi-asset investment options
NAV published between 4:14 p.m. and 4:30 p.m. CST each business day, available on automated trading platforms via NSCC.
DC plan real estate solutions
Incorporating private and public strategies across target date, real asset, income, and inflation-focused sleeves.
While public real estate and infrastructure have long been available to DC plans, we believe private real estate equity and debt should also be available to all working individuals—not only large defined benefit plans, wealthy families, and high-net worth individuals. That’s why we were the first to offer DC investors the option to invest 100% in core private real estate equity over 40 years ago and are now offering DC investors the opportunity to invest in a private real estate debt strategy within their multi-asset options. Daily valuation and addressing the liquidity needs of DC participants is in our DNA.
Building real estate equity and debt strategies and infrastructure investments into your DC plan can potentially help:
Reduce portfolio volatility
Historically low correlation to traditional assets and other real estate assets typically included in defined contribution multi-asset investment options.
Downside protection
Private real estate has experienced either muted drawdowns or increases in value during quarters when U.S. equities have declined by 10% or more.
Income source
Core private equity real estate has shown strong, stable income.
Inflation sensitivity
A distinguishing feature of real estate is the ability of owners to pass on increasing costs in the form of higher rents. Short-term leases in properties such as hotels and multi-family housing can reflect price increases rapidly. Longer-term leases can include CPI escalators to keep income current with inflation.
Our 360° view of global real estate gives us the insight needed to help you identify strategies that can offer compelling performance.
U.S. Core Private Equity Real Estate
Deploying a research-based allocation framework with in-depth coverage of more than 40 U.S. metropolitan real estate markets to invest in a diversified pool of high-quality, well-leased U.S. commercial real estate properties, including a long-standing allocation to alternative growing pool of niche property sectors.
U.S. Real Estate Securities
Applying bottom-up stock selection, emphasizing owning quality companies at a reasonable price, and diversifying sources of alpha generation.
Global Real Estate Securities
Offers exposure to the global real estate market, applying bottom-up stock selection, emphasizing owning quality companies at a reasonable price, and diversifying sources of alpha generation.
Our experienced investment teams provide comprehensive, specialized, and sustainable capabilities across all four quadrants of commercial real estate—public equity, private equity, public debt, and private debt—as well as infrastructure investing. Whatever real estate strategy or combination of strategies you believe is right for your objectives, we can help.
Past performance does not guarantee future results.
Principal Real Estate is a trade name of Principal Real Estate Investors, LLC, an affiliate of Principal Global Investors.