Core Real Estate: The Global Opportunity
As real estate has grown into an important part of an institutional portfolio, the popularity of core real estate has surged. And yet the definition of core has morphed in recent years. In addition, outside of the U.S., notably in Europe and Asia, investors are eager to put capital in core assets but sometimes disagree on what constitutes core in these markets. To gain perspective, Privcap recently sat down with PGIM Real Estate’s core portfolio managers for the U.S., Europe and Asia Pacific, respectively.