ALTERNATIVES

Investing in global real estate

As one of the world’s largest real estate managers, investing in direct property and publicly traded real asset securities, we offer investors a proven track record of investing across the risk/return spectrum, around the globe, and throughout the capital stack.

Global disruption differentiates opportunities across and within regions

Many investors are familiar with the appeal of holding real estate. With a generally low correlation to other asset classes1, real estate can serve as an instant diversifier in a mixed-asset portfolio.

Historically, real estate has delivered strong relative performance across multiple cycles compared to other asset classes. Its characteristic stable income, underpinned by long-term leases, makes real estate a compelling alternative.

At its core, real estate is a local asset class. Moving beyond one’s domestic market, however, can offer significant diversification benefits and produce a smoothing effect on returns.

Diversification: risk/return profile. Risk and return profile of different portfolios since the GFC (Q1 2010-Q4 2021, US$)
This line chart shows the average annual total risk/return profile for the following portfolios starting from the Global Financial Crisis in Q1 2010 to Q4 2021: traditional equities/bond portfolio; portfolio with addition of listed real estate; portfolio with addition of unlisted real estate; and portfolio with addition of both listed and unlisted real estate.

Global equity performance is calculated based on the MSCI World Index. Global bond performance is calculated based on the Bloomberg L.P. Global Aggregate Index. Global private real estate is calculated based on the MSCI Global Property Fund Index. Global public real estate is calculated based on the FTSE EPRA/ NAREIT Developed Index.

Source: Invesco Real Estate using data from Macrobond, Bloomberg L.P. and MSCI as of April 2022. Past performance is not a guarantee of future results.

Global strength, local knowledge

Navigating the risks and opportunities of a diverse and nuanced asset class requires deep and varied experience. Invesco has a 39-year track record of building global real estate investment programs and funds for many of the world’s leading institutional investors.

Global Property Pool (GPP)

Designed to bring together both private and public real estate, GPP offers accredited investors access to global direct real estate with daily liquidity, along with stable income with lower volatility. 

DISCOVER GPP

Footnotes

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    Source: Global real estate: true diversification amidst looming inflation; Risk and Reward Q4 2021

     

    Invesco Global Property Pool ("GPP") is restricted to accredited investors as defined under National Instrument 45-106.

    GPP will invest in one or more underlying funds that invest primarily, directly or indirectly, in direct real estate and listed real estate securities.

     

    This document is not an invitation or recommendation to subscribe for units in the GPP and is by way of information only. It is not intended to provide specific investment advice including, without limitation, investment, financial, legal, accounting or tax advice, or to make any recommendation about the suitability of the GPP for the circumstances of any particular investor. The offering of units of the GPP is made only to those investors who are accredited investors or who are able to rely on other prospectus exemptions. Please obtain and review the offering memorandum and all financial material carefully before investing.

     

    Invesco Advisers, Inc. as the sub-adviser to GPP has the discretion to select underlying funds for GPP. Investors of GPP will have no recourse to the underlying funds or underlying fund managers to GPP.