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...

Trends and Insights from the 2015 IPD® Global Annual Property Index. Global property held directly by private investors delivered a total return of 10.7% in 2015, marking the sixth consecutive year of positive performance since the global financial crisis (GFC). Global performance edged modestly upward from 10.0% in 2014, to reach its highest level since 2007. Ireland continued to lead other countries, though returns moderated from near 40.0% in 2014 to 25.0% in 2015. Ireland’s performance...

As the MSCI Global Quarterly Infrastructure Asset Index grows in breadth and depth it provides increasing insights into the performance of the Infrastructure Asset Class, globally.  In this Research paper, we focus on two broad areas related to sector-specific nuances of the asset class. First, the differential performance and volatility of the Transport and Power sectors, the two dominant streams of activity in the index.  Second, a comparison of unlisted and listed infrastructure,...