Our platforms in the U.S. and Europe provide a range of investment capabilities from traditional core strategies to opportunistic property development and redevelopment.
Today's environment presents a compelling opportunity for private equity real estate investors. With most of the recent value correction behind us – barring a significant economic downturn – there is potential to invest at more attractive entry points. In a market still shaped by uncertainty, strategies that emphasize consistent income generation are particularly well-positioned. Commercial real estate has demonstrated remarkable resilience over time, delivering positive annual returns in 41 of the past 47 years, driven primarily by stable, income-based performance.
U.S. percentage, 1978-2025
Source: NCREIF NFI-ODCE, Principal Real Estate, Q1 2025.
1 Savings and Loan Crisis, 1991-1992
2 Global Financial Crisis, 2008-2009
3 The Great Tightening, 2023-2024
*Represents 2025 Q1 trailing four-quarter annual return .
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.
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.
Principal Real Estate is a trade name of Principal Real Estate Investors, LLC, an affiliate of Principal Global Investors.
