Beursgenoteerd vastgoed Van Lanschot Kempen

Listed Real Estate

Combining sustainable views, data and control measures to build well diversified portfolios of listed real estate funds

Objective

We seek to achieve long-term value by building diversified portfolios of listed real estate funds, operating across a range of market segments.

Philosophy

Valuations in the real estate sector are inefficient and, we believe, contain mispricings at the building and fund level. One factor is certainly is the industry's dependence on backward-looking appraisals and for this reason we aim to achieve forward-looking valuations.
We take a very different approach to industry peers, combining a data-driven, quantitative approach with qualitative expertise and experience. We believe this helps us make superior investment decisions.
Fundamentally we believe that location, building quality and ability to meet sustainability demands are key determinants of return potential - while management quality, ESG pedigree and balance sheet strength determine the risk profile of the investment.

Approach

Our team follows a systematic investment process that blends quantitative and qualitive expertise and experience with the aim of:

expanding a continuous, industry-leading data infrastructure of relevant, global real estate data at fund and building level, as the cornerstone of our quantitative decision-making and differentiation;
enabling investors to anticipate the effects of the major sustainable transitions;
driving insights from this unique investment approach to establish optimal entry and exit valuation points by taking a methodical, scored approach to evaluating return potential and risk;
constructing portfolios based on aggregate currency weightings intended to neutralise macro factors, while focussing fully on stock-specific real estate analysis and investing.
Neutralizing macro factors, while focusing fully on real estate-specific fundamentals”.

We deliver this approach with a global or European focus.

Investing with a Social purpose

When we mention and analyse “ESG” within an investment environment, we strongly believe that it is wrong to ignore the ‘’S’’, the Social component, as it has long term financial materiality.

In this short paper we explore this important and often overlooked area in detail.

Download the white paper

Listed Real Estate Insights

Fund library

Please visit our fund library for detailed information on our funds. For more sustainability-related information, please refer to the sustainability-related information section of the fund library

Go to fund library

Capital at risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested. Past performance provides no guarantee for the future.