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Global perspective across the full spectrum of real estate.

  • Experienced, global team of more than 300 real estate investment professionals dedicated to covering all four real estate quadrants.

  • Cross-team collaboration that leverages our distinct 360° perspective of real estate space and capital markets.

  • Coverage of 45 U.S. metropolitan markets and management of almost 200 assets across nine European countries.

  • We believe a combination of bottom-up analysis and top-down economic and sector research is key to delivering on our clients’ investment outcomes.


Executing across the risk-return spectrum

 

Principal real estate investment strategies on the risk-return spectrum

For illustrative purposes only and not a projection of returns to any investor. This information is intended to show a general risk profile and is based upon certain assumptions that may change. The characterization of the increasing risk is only made to illustrate the Firm’s view of the relative increasing investment risks inherent in these types of real estate investments. All are subject to various risks, none of which are outlined. An investor must be prepared to bear capital losses, including a loss of all capital invested.

A broad range of real estate investment solutions.

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.

  • Private equity

    Core, Value-add, and Opportunistic Strategies

  • Private debt

    Commercial Mortgages and High Yield Debt

  • Public equity

    Listed REIT Securities

  • Public debt

    Commercial Mortgage-Backed Securities

  • Listed infrastructure

    Listed Infrastructure Securities

  • Financing solutions

    Private Debt Origination

Explore our featured real estate strategies.

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. Core-Plus Private Equity Real Estate
Combining the income-generating attributes of stabilized assets with higher, risk-adjusted returns available from value-added and development opportunities.
U.S. Real Estate Green Property
Leveraging the firm’s long-standing commitment to sustainability as a means of potentially enhancing returns and reducing risk, exploiting changing real estate trends, focusing on development and value-add acquisition of multifamily, industrial, and specialty sector properties.
European Core Private Equity Real Estate
Leveraging on-the-ground experience across the United Kingdom and Continental Europe to invest in a diversified set of high-quality assets, including exposure to specialist asset classes, taking advantage of changing real estate trends driven by innovation and demographics.
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.
Global Listed Infrastructure
Investing in high quality infrastructure businesses whose contributions to sustainable development are not reflected in market valuations.

Our committment to ESG

When it comes to environmental, social, and governance (ESG) investing, we empower investors by offering choice, confidence, and flexibility.

We believe ESG practices in real estate help reduce risk, improve a property’s competitive stature, and increase tenant interest and retention—ultimately providing a foundation for potentially higher rents. As fiduciaries for our investors, we understand, quantify, and act upon ESG through our Pillars of Responsible Property Investing ESG platform.

  • The aim of our ESG platform is to deliver positive financial and ESG outcomes for all stakeholders by focusing on environmental performance, occupant experience, community impact, climate resilience, and managerial excellence.

  • ESG engagement with tenants, property teams, borrowers and other parties, seeking to promote greater transparency, awareness, and accountability to higher ESG standards.

  • Our ESG initiatives center around a long-term commitment to achieve net zero carbon emissions by 2050 or sooner.1

Get the latest insights.

Real estate

The case for private U.S. commercial real estate

How private U.S. commercial real estate may help investors in the search for investment returns.

Inflation
2 min

Commercial real estate: Outpacing inflation

Private equity commercial real estate has been more resilient to broad market disarray.

Real estate
7 min

Structural themes creating opportunities in core real estate

Reflecting on how structural drivers are changing the core real estate investing landscape.

Experts
Indraneel Karlekar, Ph.D.
Senior Managing Director, Global Head of Research & Portfolio Strategies
Nicholas Gunn
Fund Manager

1There is no guarantee that this net zero target will be achieved.

Past performance does not guarantee future results.

Real estate investment options are subject to risks associated with credit, liquidity, interest rate fluctuation, adverse general and local economic conditions, and decreases in real estate values and occupancy rates.

ESG integration is considered across all actively managed asset classes, with the approach determined by each investment group’s process. This information is specific to the strategies managed by the individuals providing this content and various investment teams across Principal may have differing views of this approach.

ESG criteria may present additional advantages or risks and does not protect against market risks or volatility. You should not make any investment assumptions based solely on the information contained herein. There is no assurance that any ESG component in our investing strategy will be successful.

Principal Real Estate is a trade name of Principal Real Estate Investors, LLC, an affiliate of Principal Global Investors.