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Benchmarking in Real Estate: Beyond Performance Measurement

categories: Americas, EMEAI, Asset Allocation and Asset Liability Management, Investing (Investment Management), Performance Analysis, Risk Management, Asia Pacific, Asset Owners, Australia, Research Paper, Real Estate, Asset Managers (Quant or Fundamental), REID Bryan, Real Estate Products & Services, ROBSON Will, general

Investors allocate to private real estate for a myriad of reasons, which means their investment objectives can vary substantially.   As such, investors articulate their objectives in various ways such as market-based benchmarks, inflation related targets or perhaps absolute return targets.  However, an objective is not a strategy; Investors must make this translation from objective to strategy, through to execution.  Market-based benchmarking and associated analytics form a powerful toolbox to understand drivers of risk and returns to evaluate the extent to which a strategy is delivering on the investors’ expectations.

Watch the MSCI Real Estate Benchmarking Framework Video

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