Cohen & Steers’ Seth Laughlin on public and private real estate convergence
by Andrea Zander
In the current market, public and private real estate are becoming increasingly complementary. In an interview with IREI, Seth Laughlin, senior vice president and head of real estate strategy and research at Cohen & Steers, said real estate is entering a phase in which improving fundamentals, shifting capital flows and evolving sector composition are reshaping how investors allocate across the asset class. Listed REITs are playing a larger role in that process, offering a more immediate read on valuations and access to sectors tied to long-term growth trends. As private markets continue to reprice and liquidity returns, investors are positioning for a recovery that is expected to unfold unevenly across sectors and strategies.