Getting more out of real estate space through creativity, sustainability and finding “pockets of value” in submarkets or micro-markets are some of the ways investors are adding value to occupiers and delivering value-added returns to investors in the current market, marked by a lack of transaction activity. “In a market where there is a lot of capital chasing relatively few deals, it comes down to a battle for basis points,” says Dan Box, senior managing director, fund management, responsible for strategy development, deployment and execution for Hines’ U.S. Property Recovery Fund, in an interview published in the October issue of Institutional Real Estate Americas. Box discusses the current market and how to
“Rather than trying to predict exactly where each sector is going in the next three years, we focus on flexibility, which is an important feature of being a diversified fund, able to invest in multiple sectors,” says Box. “At some residential as
