Pension funds need to rethink listed and private real estate allocations

Cohen & Steers says a reset in commercial real estate is in full swing

clock • 10 min read
Jon Cheigh is chief investment officer at Cohen & Steers
Image:

Jon Cheigh is chief investment officer at Cohen & Steers

The last two and a half years have seen a pronounced disparity in returns between listed and private real estate.

After declining well ahead of private values, listed REITs have risen sharply from their October 2023 lows. Unlevered private real estate values, on the other hand, have declined more than 20% over...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

SPP: Making the government push into private markets a success

SPP: Making the government push into private markets a success

Mark McKelvey considers government efforts to increase investment in private markets

Mark McKelvey
clock 30 May 2025 • 3 min read
Partner Insight: Are performance expectations changing private market investing?

Partner Insight: Are performance expectations changing private market investing?

Aviva Investors
clock 30 May 2025 • 1 min read
London CIV to partner with British Business Bank on British Growth Partnership

London CIV to partner with British Business Bank on British Growth Partnership

London LGPS pool joins Aegon UK and NatWest Cushon to work with British Business Bank on launch of partnership

Martin Richmond
clock 29 May 2025 • 2 min read
Trustpilot