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?

Discover why we are the preferred long-term partner in real estate investments, trusted by our clients to deliver distinctive solutions across market cycles.

Trusted heritage

140 years As a leader in insurance and investment management with over 60 years of real estate investment expertise.

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 our 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.

Disclosure

Investing involves risk, including possible loss of principal. Past performance does not guarantee future return. All financial investments involve an element of risk. Therefore, the value of the investment and the income from it will vary and the initial investment amount cannot be guaranteed.

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.

Infrastructure issuers may be subject to regulation by various governmental authorities and may also be affected by governmental regulation of rates charged to customers, operational or other mishaps, tariffs and changes in tax laws, regulatory policies and accounting standards. Foreign securities involve special risks, including currency fluctuations, lower liquidity, political and economic uncertainties and differences in accounting standards. Some international securities may represent small and medium-sized companies, which may be more susceptible to price volatility and may be less liquid than larger companies.

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.

All figures shown are in U.S. dollars unless otherwise noted.

© 2024 Principal Financial Services, Inc. Principal®, Principal Financial Group®, Principal Asset Management, and Principal and the logomark design are registered trademarks and service marks of Principal Financial Services, Inc., a Principal Financial Group company, in various countries around the world and may be used only with the permission of Principal Financial Services, Inc. Principal Asset Management 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.

MM13928 | 05/2024 | 3563921-122024