Our unique perspective. Your power.

We see structurally resilient sub-sectors in real estate where others don’t, backed by our experience as a top-ten global real estate investment manager.1

Economic conditions necessitate a targeted approach

  1. The push of higher interest rates is colliding against the pull of strong labor markets.
  2. Caution may be warranted given the various downside risks facing the global economy.
  3. Real estate values are likely to remain under pressure due to elevated credit costs.
  4. Structurally driven property types are expected to remain better protected.

Access distinctive opportunities

Secular forces are outweighing cyclical effects in various sectors, creating opportunities for investors. We see several property types that offer robust underlying fundamentals and demonstrate relatively low correlation to other asset classes.

Let’s build something together

Connect with our investment professionals and discover how we can help create differentiated real estate strategies for your portfolio.

Connect with our experts

Let’s build something together

Connect with our investment professionals and discover how we can help create differentiated real estate strategies for your portfolio.

Connect with our experts

Why Principal Asset Management?

We’re committed to helping more people and businesses make financial progress.

Trusted heritage of Principal

For more than 140 years, Principal has helped people and businesses confidently reach their goals. Principal Asset Management is the global investment management business for Principal Financial Group.

Specialist expertise

Over 320 Real estate investment specialists2 with extensive connections across all four real estate quadrants that span the full spectrum of public and private equity, and debt.

Scale and scope

Top 10 Global real estate investment manager1 with almost $100 billion in AUM in real estate assets and more than $124 billion in real estate debt and equity transactions3 over the past decade.

Strong foundations

Fortune 500 Our specialist investment teams utilize proprietary research and on the ground knowledge backed by Principal Financial Group’s (PFG) Fortune 500 company-wide resources to produce tailored insight, aligned to your goals.

Let’s build something together.

Connect with our investment professionals and discover how we can help create differentiated real estate strategies for your portfolio.

Interest
Citations

Data as of March 31, 2024, unless otherwise stated.

1 Managers ranked by total worldwide real estate assets (net of leverage, including contributions committed or received, but not yet invested; REOCs are included with equity; REIT securities are excluded), as of June 30, 2023. “The Largest Real Estate Investment Managers,” Pensions & Investments, October 9, 2023.

2 Includes investment professionals of Principal Real Estate Europe Limited and its affiliates.

3 Excludes public REIT transaction volume.

Third party rankings and recognitions are no guarantee of future investment success and do not ensure that a client or prospective client will experience a higher level of performance or results. These ratings should not be construed as an endorsement of the advisor by any client nor are they representative of any one client’s evaluation.

Principal Asset ManagementSM is a trade name of Principal Global Investors, LLC.

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

Principal Global Investors became registered with the SEC (Securities and Exchange Commission) as an investment advisor in 1998. Principal Real Estate become registered with the SEC as an investment advisor in 1999. Investment activities noted prior to this date above were conducted beginning with the investment management area of Principal Life Insurance Company.

Disclosure

Past performance does not guarantee future return.

Potential investors should be aware of the risks inherent to owning and investing in real estate, including: value fluctuations, capital market pricing volatility, liquidity risks, leverage, credit risk, occupancy risk, and legal risk.

Principal Funds are distributed by Principal Funds Distributors, Inc.

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

MM13929 | 06/2024 | 3588945-122024