Overview
A sector-specific, U.S. city-based retail strategy investing in core institutional quality assets that are necessity-based and convenience oriented, primarily centered on grocery-anchored assets, that have proven resilient across cycles and benefited from changing consumer demand.
Key features
- The U.S. Cities Retail Strategy is a strategy diversified across resilient U.S. cities and retail subtypes, seeking to deliver stable income return, diversification and capital growth.
- Focus on investments in the retail sector to capitalize on market disruption driven by changing consumer preferences – and retailer’s evolving business models to be in the path of their customers’ daily needs.
- Leverage deep bench of retail professionals across the U.S. who are focused on identifying opportunities and enhancing value through leasing, repositioning and redevelopment.
- Direct retailer relationships and market knowledge due to our vast owned portfolio, which allow us to be first movers and leverage scale, coupled with a track record of execution across a mix of uses, such as office or housing, without the need for partners.
We focus on grocery anchored or convenience oriented smaller format retail properties servicing consumers 18 hours a day, 7 days a week.
Real estate investments are subject to various risks associated with ownership of real estate-related assets, including fluctuations in property values, higher expenses or lower income than expected, potential environmental problems and liability, and risks related to leasing of properties.