Bert Teuben is responsible for MSCI’s Real Estate Index Management Research and specializes in maintaining, enhancing and developing index and analytic methodologies, overall index quality as well as conducting research for the private real estate indexes. He joined one of MSCI’s predecessors in the Netherlands in 2004. Bert holds an MSc in Architecture, Building and Planning from the Eindhoven University of Technology under the master program for Real Estate Management & Development.
Research and Insights
Articles by Bert Teuben
Breaking Down Real Estate Net-Zero TargetsResearch Report | Feb 18, 2022 |
To address climate change, leading real estate funds and companies around the world are setting decarbonization and net-zero targets.
Beginning to Understand the Performance of Social Properties6 mins read Blog | Nov 22, 2021 |
The precise measurement of social impact is in its early stages. But some property sectors like affordable housing have obvious links to social themes, and investment in these “social properties” has increased significantly over the last 10 years.
Open- vs. Closed-End Real Estate Funds: How the Choice Mattered8 mins read Blog | Mar 30, 2021 |
The aggregate performance of closed- and open-end real estate funds in the U.S. was strikingly similar in recent years, despite large differences in their strategy and roles in portfolios. But did some investors gain an edge through fund selection?
Currency-Risk Hedging in Real Estate Benchmarks5 mins read Blog | Feb 22, 2021 |
Global real estate investors can expose themselves to currency risk. Using a hedged index, they may better align their benchmark and investment approach and ensure currency risk is accurately treated in allocation modeling and performance attribution.
Myths Debunked - Listed and Private Real Estate: Putting the pieces back togetherResearch Report | Oct 14, 2020 |
This new condensed version of ‘Listed and Private Real Estate: Putting the Pieces Back Together’ explores whether a property owned by a listed real estate company, such as a Real Estate Investment Trust (REIT) or a real estate management and development company, produces returns close to those of an equivalent asset that is privately owned. Specifically, how do equity market factors, financial structures and individual properties contribute to performance? This research paper uses MSCI’s...
Listed and Private Real Estate: Putting the Pieces Back TogetherBlog | Apr 19, 2017 |
A property owned by a listed real estate company, such as a Real Estate Investment Trust (REIT) or a real estate management and development company, should produce returns close to those of an equivalent asset that is privately owned. In reality, however, the results differ, especially when looking at short-term performance. The challenge for real estate investors is to be able to use both listed and direct real estate in their real estate allocations and understand the performance drivers...
Listed and Private Real Estate : Putting the pieces back togetherResearch Report | Apr 19, 2017 |
A Study of the Drivers of European Listed Real Estate Performance in Association with the European Public Real Estate Association.
The Road Toward a Seamless Global Real Estate PortfolioResearch Report | Jun 30, 2016 |
Real estate investors can analyze performance of direct real estate in detail. However, listed real estate, which includes public REITs, rarely offers detailed data, making it challenging to monitor a portfolio consisting of both private and public assets. Two developments are focusing issue: 1) real estate will constitute a new GICS® sector as of August 31 and 2) many asset owners seek to globalize their real estate portfolios: adding international listed securities is a simple and...
Real Estate Market Size 2014Research Report | Jun 30, 2015 |
Insights into the size of the professionally managed global real estate market.
Research Insight - Findings of the 2013 Global Asset Owner Survey - February 2014Research Report | Feb 11, 2014 |
This Research Insight presents the results of the 2013 MSCI Global Asset Owner Survey, which focuses on understanding the asset allocation processes of institutional asset owners, with a close examination of risk management of the real estate exposure. The findings come from in-person interviews with staff at 40 asset owners from around the world, representing $3.2 trillion in assets, as well as online survey responses from another 40 asset owners, representing $0.7 trillion in assets. These...