Heitman’s Gordon Black: Global core-plus real estate emerges as a compelling entry point for long-term capital
by Andrea Zander
Global core-plus real estate is increasingly attractive for long-term investors, particularly at this stage of the market cycle. The core argument is that global diversification helps insulate portfolios from local economic and sector-specific downturns, while allowing investors to pursue higher-conviction opportunities within individual markets, says Gordon Black, executive vice president and portfolio manager of Heitman Global Real Estate Partners II, in an interview with IREI.